Industry News

Mortgage rates down on economic worries

Manufacturing, home sales, loan apps high on radar
Published on Jan 3, 2008

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by CareyBot

Long-term mortgage rates this week dropped to their lowest levels in four weeks on news of a sharp slowdown in manufacturing and new-home sales, Freddie Mac reported today. According to Freddie Mac, the average 30-year fixed-rate mortgage fell this week ...

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