Thursday, June 16, 2005

 

Rates on 30-Year Mortgages Climb -- Associated Press

Rates on 30-Year Mortgages Climb: "Rates on 30-year mortgages rose last week for the first time in five weeks, according to a nationwide survey.

Mortgage giant Freddie Mac said Thursday its weekly survey showed that rates on 30-year, fixed-rate mortgages averaged 5.63 percent, up from 5.56 percent last week.

It marked only the second increase in the past 11 weeks."

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