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Most Mortgage Rates Drift Lower For First Time In 2007 February 19, 2007

Posted by Jay Medina in News and Information.
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Mortgage rates ratcheted down last week according to the results of Freddie Mac’s Primary Mortgage Market Survey. Rates have generally been on an upward trajectory since the mid December.

Frank Nothaft, Freddie Mac vice president and chief economists said, “News of moderate employment gains in January led to…”

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