Industry News

Economy, housing keep mortgage rates down

Market weakness causes 4-week slump, surveys show
Published on Dec 7, 2006

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by CareyBot

Mortgage rates sank for the fourth straight week on news of softening real estate markets and a disappointing economic report from the manufacturing sector, Freddie Mac and Bankrate.com reported today in their weekly surveys. In Freddie Mac’s survey, the 30-year ...

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