Industry News

Job news pushes mortgage rates lower

30-year fixed expected to stay below 6.5% this year, Freddie reports
Published on Feb 8, 2007

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by CareyBot

A rise in jobless claims and weaker employment growth sent mortgage rates down this week, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’ survey, the 30-year fixed-rate mortgage fell to an average 6.28 percent from last ...

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