Industry News

Mortgage rates fall on housing concerns

Construction, sales, credit have markets on edge
Published on Jul 26, 2007

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by CareyBot

Long-term mortgage rates dropped this week as concerns over the housing market’s recovery intensified, Freddie Mac and reported in separate surveys. In Freddie Mac’s survey, the 30-year fixed-rate mortgage sank to an average 6.69 percent from last week’s 6.73 ...