Industry News

Mortgage rates plummet on softer economic news

Freddie Mac: 30-year fixed sinks to Sept. 2005 level
Published on Jan 10, 2008

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by CareyBot

Economic worries continued to push mortgage rates lower this week, with rates on 30-year fixed loans falling to their lowest levels in more than two years, Freddie Mac reported today. The average rate on 30-year fixed mortgages dropped 20 basis ...