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Article: 30-Year Fixed Mortgage Rates Rise to Average of 8.4 Percent

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THE JOURNAL RECORD
Article date:
March 24, 1995
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WASHINGTON (AP) _ Thirty-year, fixed-rate mortgages averaged 8.4 percent this week, up from 8.38 percent last week, according to a national survey released Thursday by the Federal Home Loan Mortgage Corp.

It was the highest since March 9, when the average was 8.62 percent. The average hit a 25-year low of 6.74 percent in October 1993.

On one-year ...

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