Industry News

Mortgage rates hit two-year lows

30-year fixed rate mortgage falls below 6 percent
Published on Dec 7, 2007

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by CareyBot

Freddie Mac is the latest group tracking loan prices to report that rates on 30-year fixed-rate mortgages have fallen below the 6 percent threshold. The McLean, Va.-based mortgage repurchaser’s weekly Primary Mortgage Market Survey showed borrowers paying an average of ...