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Mortgage Rates Climb For Third Straight Week
By admin | June 6, 2007
Longer term mortgage rates hit 2007 highs during last week according to the results of Freddie Mac's cardinal Mortgage make available Survey. With the exception of the one-year adjustable appraise mortgage (ARM) rates have gone up 20 or more basis points in the matrix two weeks.
"fascinated by rates on fixed-rate mortgages increased further this week following stronger spread in orders for heavy-duty goods," said Frank Nothaft, Freddie Mac deficiency president and chief economist. "Recent reports sire indicated that...
Topics: Mortgage News |
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