Friday, October 12, 2012

Rates Make Slight Increase After Record Lows

Rates Make Slight Increase After Record Lows


Freddie Mac’s Primary Mortgage Market Survey (PMMS) showed surprisingly little life this week following the better-than-expected jobs report for September.
While rates did rise for the week ending October 11, most increases were mild. The 30-year fixed average posted the largest growth, rising to 3.39 percent (0.7 point) from 3.36 percent-a record low the week before.

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