Industry News

Mortgage rate gains erase months of declines

Freddie Mac anticipates refi slowdown
Published on Feb 28, 2008

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by CareyBot

Mortgage rates were up again this week, Freddie Mac reported today, as concerns about inflation and continued turmoil in credit markets stoked the fire under long-term interest rates. The average rate on 30-year fixed-rate mortgages jumped to 6.24 percent this ...