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Mortgage Rates Roll Back From 2007 Highs
By admin | June 27, 2007
According to Freddie Mac's Primary Mortgage Market Survey for the previous week, the market has rolled back a small portion of the large increases in mortgage rates that were recorded over the prior five weeks.
"Mortgage rates eased this week due to market concerns that the housing market will be a longer drag on the economy," said Frank Nothaft, Freddie Mac vice president and chief economist.
"Thus far this year, the housing sector..."
Topics: Mortgage News |