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Article: Mortgage Rates Rise Across the Board
- Article from:
- The Washington Post
- Article date:
- March 15, 2008
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Copyright informationThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Rates on 30-year mortgages increased for the fourth time in the
past five weeks.
The mortgage company Freddie Mac reported Thursday that rates on
30-year, fixed-rate mortgages averaged 6.13 percent this week, up
from 6.03 percent last week.
The rates dropped below 6 percent in the second week of January
and stayed there for six weeks as the economic slowdown stirred
concerns about a possible recession.
However, in the past month, bond markets have grown worried about
inflation pressures as the economy slows. Bond investors are always
on the watch for signs of increasing inflation because higher
inflation erodes the value of their fixed-rate bonds.
Even with the increase over the past month, ...
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Article: Mortgage Rates Increase 0.12 Percent
AP Online;
April 1, 2004 ;
357 words
......Dateline: WASHINGTON Mortgage rates climbed this week...mortgages rose to 5.52 percent this week, up from 5.40 percent last week, mortgage...nationwide survey of mortgage rates. In mid-June last...mortgages sank to 5.21 percent, their lowest level...home sales." Low ...
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