homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

November 21, 2008

Mortgage rates drop for 3rd week

WASHINGTON (AP) — Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets.

Freddie Mac, the mortgage finance giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.04 percent this week, down from 6.14 percent last week. It marked a sharp decline since rates hit a recent high of 6.46 percent during the week of Oct. 16.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.