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Feb
26
2010

Long-Term Rates Rise to Over 5 Percent for the First Time in Three Weeks

Market Conditions and Outlook
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.05 percent with an average 0.7 point for the week ending February 25, 2010, up from last week when it averaged 4.93 percent. Last year at this time, the 30-year FRM averaged 5.07 percent.


Read entire article: Long-Term Rates Rise to Over 5 Percent for the First Time in Three Weeks

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