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Showing posts with label mortgage rates. Show all posts
Showing posts with label mortgage rates. Show all posts

Friday, April 9, 2010

Home buyers scramble as rates rise


The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week.

As mortgages get more expensive, more would-be homeowners are priced out of the market — a threat to the fragile recovery in the housing market...