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Archive Home > 2008 > June > 15 > 30-year mortgages hit 7-month high

30-year mortgages hit 7-month high


June 15, 2008

Rates on 30-year mortgages jumped to the highest level in more than seven months, reflecting increased concerns about what the Federal Reserve might do to battle inflation. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.32 percent last week. It....

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