Mortgage rates fall after last week's spike The 30-year mortgage rate fell this week after last week's spike, which was its biggest weekly jump since April 1987. Mortgage finance firm Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.04% this week. That's down from 6.46% last week and below 6.33%, where the rate stood a year ago.... 10/23/2008 12:00:00 PM News & Issues - Business/Financial News
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