Industry News

Mortgage rates rise in weekly surveys

Inflation risk still troubles Fed
Published on May 17, 2007

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by CareyBot

Mortgage rates gained this week on the Federal Reserve’s belief that inflation could still pose a problem, Freddie Mac and Bankrate.com reported today. In Freddie Mac’s survey, the 30-year fixed-rate mortgage climbed to an average 6.21 percent from last week’s ...

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