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Mortgage rates followed Treasury yields higher over the holiday week but remain quite affordable by historical standards
Long-term mortgage rates rise in week Jul 07, 2011
Long-term bond yields and mortgage rates fell this week following a weak employment report. The economy added 18,000 jobs in June, well below the market consensus forecast, and the unemployment rate rose to 9.2 percent, the highest since December 2010
Freddie Mac: Joblessness affecting rates Jul 14, 2011
The economy grew 1.3 percent in the second quarter, which was below the market consensus forecast, and first-quarter growth was cut to less than a quarter of what was originally reported
Mortgage rates tumble in week Aug 04, 2011
Compared to a 30-year fixed-rate mortgage, the interest rate on 15-year fixed was about 0.8 percentage points lower during the second quarter. For borrowers motivated to refinance by low fixed-rates, they could obtain even lower rates by shortening their term
Homeowners go for shorter loans Aug 15, 2011
Fixed mortgage rates followed treasury bond yields higher this week while data reports suggest an improvement in the housing market
Long-term mortgage rates rise Aug 25, 2011