Industry NewsMortgage

Rates rise on 30-year mortgages

Freddie Mac: Costs still lower than a year ago
Published on May 1, 2008

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by CareyBot

Long-term mortgage rates ended the week mixed, with the 30-year fixed-rate average rising, as markets reacted to news of higher inflation. The average rate on 30-year fixed-rate loans edged up to 6.06 percent from last week’s 6.03 percent, while the ...