Mortgage Rates Inch Higher on Economic News
Monday, March 3rd, 2008Mortgage-giant Freddie Mac (FRE) reported Thursday that 30-year, fixed-rate mortgages rose to 6.33 percent, up from 6.31 percent last week. Rates have exhibited a seesaw pattern of falling one week and then rising the next week for the past 1 1/2 months. Analysts attributed the latest increase to last week’s unemployment report, which raised worries [...]