Industry News

Mortgage rates rise on higher job numbers

But housing still takes a toll on GDP growth
Published on Nov 9, 2006

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by CareyBot

Mortgage rates moved higher this week after the U.S. Department of Labor revised its August-September employment numbers, reflecting stronger job growth than previously thought, Freddie Mac reported today in its weekly survey. According to Freddie Mac, the 30-year fixed-rate mortgage ...

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