2009-01-22housingwire.com

" After inching downward for 11 straight weeks, Mortgage rates have taken the turn, according to Freddie Mac’s (FRE: 0.65 -9.72%) Primary Mortgage Market Survey released Thursday. 30-year fixed-rate mortgages averaged 5.12 percent with an average 0.7 point this week, significantly up from last week’s 4.96 percent average, yet still below the year-ago average of 5.48 percent."



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