Industry NewsMortgage

Mortgage rates ease again on economic worries

Fed officials not ruling out more easing
Published on Apr 12, 2012

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by CareyBot

Mortgage rates slid this week as worries about the economy made mortgage-backed securities that fund most mortgage loans look like a safe bet to investors.

Freddie Mac's weekly Primary Mortgage Market Survey showed rates on 15-year fixed-rate loans hitting a new all-time low, and rates for the workhorse 30-year fixed-rate mortgage just above the record low.

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