Industry News

Freddie Mac: Long-term mortgage rates up this week

Economist cites 'stronger-than-expected inflation reports'
Published on Dec 20, 2007

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by CareyBot

The interest rates for 15- and 30-year fixed-rate mortgages rose in the week ending Dec. 20, according to a weekly survey by Freddie Mac. The Primary Mortgage Market Survey revealed that the rate for a 30-year fixed-rate mortgage averaged 6.14 ...