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Long-Term Rates Surpass Short-Term Rates

By KELLY CURRAN

Mortgage rates eased in the week ending April 23, according to Freddie Mac’s (FRE: 0.82 +3.80%) Primary Mortgage Market Survey released today. 30-year fixed-rate mortgages averages are 4.80%, down from last week’s 4.82% average, and well below the 6.03% average from this time last year. This week’s 15-year fixed-rate mortgage remains unchanged from last week, which [...]

Full post as published by Housing Wire on April 23, 2009 (boomark / email).