Industry NewsMortgage

Freddie Mac: Rates dip on 30-year mortgages

Expectation that inflation will moderate keeps rates from rising
Published on May 15, 2008

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by CareyBot

Long-term mortgage rates were mixed this week while rates on adjustable loans declined, Freddie Mac reported today. The average 30-year fixed-rate loan dipped to 6.01 percent from last week’s 6.05 percent, still below the year-ago average of 6.15 percent, according ...