Industry News

Mortgage rates hit 10-month highs

Inflation fears sparked by fewer jobless claims, higher earnings
Published on Jun 7, 2007

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by CareyBot

Mortgage rates this week grew to highs not seen since last August on news of stronger economic conditions and rising inflation risk, Freddie Mac and Bankrate.com reported today. In Freddie Mac’s survey, the 30-year fixed-rate mortgage jumped to an average ...

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