Friday, October 12, 2007

Rates on 30-Year Mortgages Rise (AP via Yahoo! Finance)

Rates on 30-year mortgages edged up slightly this week following a better-than-expected report on job growth. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.40 percent this week, up from 6.37 percent last week.

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[Source: Yahoo! News Search Results for mortgages]

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