Industry News

Mortgage rates hit lowest levels since May

Despite latest Fed cut, all eyes on Friday's labor report
Published on Nov 1, 2007

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by CareyBot

Long-term mortgage rates came down this week to near six-month lows as waning consumer confidence and weak home sales cast doubt on the strength of the economy, Freddie Mac and reported today. In Freddie Mac’s survey, the 30-year fixed-rate ...