Industry News

Mortgage rates up slightly this week

Effects of Fed rate cut remain to be seen
Published on Sep 20, 2007

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by CareyBot

Long-term mortgage rates were up only slightly this week as markets awaited the Federal Reserve’s interest-rate decision Tuesday, Freddie Mac and Bankrate.com reported today. In Freddie Mac’s survey, the rate on 30-year fixed-rate mortgages rose to an average 6.34 percent ...

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