Industry News

Mortgage rates fall to 4-month low

Weak home sales could point to more severe economic slowdown
Published on Aug 24, 2006

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by CareyBot

Mortgage rates dropped for the fifth straight week to lows not seen since April on expectations that the housing market slowdown will ease inflation fears, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year ...

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