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Mortgage Rates Mixed While Applications Slow
By admin | December 27, 2007
Mortgage rates were up slightly during the pre- holiday week ended December 20 according to the Primary Mortgage Market Survey conducted by Freddie Mac.
The 30-year fixed rate mortgage (FRM) averaged 6.14 percent with 0.4 point for the week, up from 6.11 percent with 0.5 point the week before. During the same week in 2006 the 30-year FRM carried an average interest rate of 6.13 percent.
Topics: Mortgage News |