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Inflation Fears Cast Shadow on Mortgage Rates and Applications Decline
By admin | April 30, 2008
Fears of inflation pushed mortgage rates higher according to the results of Freddie Mac's Primary Mortgage Market Survey for the week ended April 24.
The Survey reported that the 30-year immobilized-rate mortgage (FRM) averaged 6.03 percent with 0.3 point compared to 5.88 percent with 0.4 full stop the week before.
Mortgage industriousness book was...
Topics: Mortgage News |
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