Article: FIXED MORTGAGE RATES STAY LOW LONG-TERM INTEREST RATES HAVE FALLEN SLIGHTLY EVEN THOUGH SHORT-TERM RATES HAVE CLIMBED.(BUSINESS)

Byline: Jason Stein Wisconsin State Journal

Home buyers Rick and Patricia Prida of Waunakee had a major worry this year -- that rising short-term interest rates might make building their dream house unaffordable.

"The (home) price kept going up and up and we were really concerned with the rates going up and up," Patricia Prida, 38, said.

The Pridas needn't have worried. In recent weeks, local lenders say they've seen a continuation of a surprising occurrence -- long-term interest rates for home loans have dropped slightly even as the Federal Reserve is ratcheting up short-term rates.

For the Pridas, that meant the couple closed on a ...

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