Signs of economic weakness relieve pressure on mortgage rates

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DAILY REAL ESTATE NEWS

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May 2, 2011

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Signs of economic weakness relieve pressure on mortgage rates


By INMAN NEWS

Mortgage rates fell for a second consecutive week on signs of weakness in the economy, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey.

Rates on 30-year fixed-rate mortgages averaged 4.78 percent with an average 0.7 point for the week ending April...

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Comments

  1. Hi,

    Mortgage rates fell for a second consecutive week on signs of weakness in the economy, it followed treasury bond yields lower this week local economic data reports on business conditions and house prices. Thanks a lot...

    Mortgage Buyers

    ReplyDelete
  2. i truthfully enjoy your own writing kind, very remarkable,
    don’t give up as well as keep writing due to the fact that it simply just worth to follow it.
    looking forward to see a whole lot more of your current well written articles, enjoy your day

    ReplyDelete

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