Industry News

‘Market concerns’ take mortgage rates lower

30- and 15-year loans decline an average 8 basis points this week
Published on Oct 25, 2007

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by CareyBot

Worries over slower economic growth helped push mortgage rates lower this week, Freddie Mac reported today in its latest survey. According to Freddie Mac, the 30-year fixed-rate mortgage sank to an average 6.33 percent from last week’s 6.4 percent, and ...

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