Industry NewsMortgage

Mortgage rates bottom out

Fixed-rate loans remain at or near record lows
Published on Sep 9, 2010

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by CareyBot

After being in freefall for much of the summer, mortgage rates took a break from their record-setting ways this week, with rates on three out of four mortgage types tracked by Freddie Mac flat or increasing slightly from last week.

Rates for 30-year fixed-rate mortgage averaged 4.35 percent with an average 0.7 point for the week ...

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