Industry NewsMortgage

Mortgage rates higher on inflation jitters

Freddie Mac: Next Fed rate cut expected to be smaller
Published on Apr 24, 2008

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by CareyBot

Worries about inflation pushed mortgage rates up this week, Freddie Mac reported today. The average rate on 30-year fixed-rate loans jumped to 6.03 percent in the latest survey, up from 5.88 percent last week, while the average rate on 15-year ...