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Mortgage Broker News | 14 Dec 2009, 12:00 AM Agree 0
Breaking a five-week streak of declines, the 30-year fixed-rate mortgage average rose to 4.81 per cent, according to Freddie Mac's weekly survey of U.S. mortgage rates.
  • Dan P | 16 Dec 2009, 01:50 AM Agree 0
    Isn’t it ironic that, in one Broker News article, the FDIC is conducting close to record high bank foreclosures while, in a separate article, Freddie Mac is speculating that increases in mortgage rates are due to stronger employment figures. What is wrong with this picture? No wonder the U. S. consumer is cautious and confused.
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