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Archive Home > 2008 > July > 20 > Rate falls on 30-year mortgages

Rate falls on 30-year mortgages


July 20, 2008

Rates on 30-year mortgages fell last week to the lowest level in six weeks as investors became less worried that the Federal Reserve would soon tighten credit policy to stall inflation. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.26 percent....

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