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Weak market and the fear of inflation, in Braselton / Hoschton and the rest of the country, are among the reasons for Spike in Mortgage Rates this Week
Freddie Mac today released the results of its Primary Mortgage Market Survey® in which the 30-year fixed-rate mortgage (FRM) averaged 6.63 percent with an average 0.6 point for the week ending July 24, 2008, up from last week when it averaged 6.26 percent. Last year at this time, the 30-year FRM averaged 6.69 percent.
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