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Mortgages : Mortgage Rates Drift Higher While Applications Down

Blogger : Mortgage News Daily - Mortgage and Real Estate News
All posts : All posts by Mortgage News Daily - Mortgage and Real Estate News
Category : Mortgages
Blogged date : 2006 May 24

Mortgage rates edged up a bit during the week ended May 18 according to the Weekly Primary Mortgage Survey conducted by Freddie Mac.

The 30-year fixed rate mortgage averaged 6.60 percent, two basis points higher than the previous week. Fees and points were unchanged at 0.5.

Application volume was ...

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