Industry News

Mortgage rates hover near 6.3%

ARM borrowers refinance, markets await labor report
Published on Oct 5, 2006

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by CareyBot

Mortgage rates posted mixed results this week as weak economic growth and cooling real estate markets took pressure off inflation, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage dipped to an ...

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