Industry News

Mortgage rates stuck in narrow range

Weakness in housing counteracts stock market gains, surveys find
Published on Jul 19, 2007

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by CareyBot

Mixed economic indicators caused long-term mortgage rates to move sluggishly this week, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage held at an average 6.73 percent, while the 15-year fixed-rate mortgage dipped to ...

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