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Fixed-Rate Mortgage

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Fixed Mortgage Rates Highest Since September: Freddie Mac 

Jun 19, 2008By

Mortgage rates continued their upward climb this week, as growing concern over inflation overshadowed concerns of a slowing economy. Freddie Mac [stock FRE][/stock] said Thursday morning that its weekly Primary Mortgage Market Survey found rates on a 30-year fixed-rate mortgage (FRM) averaged 6.42 percent, with an average 0.7 point, for the week ending June 19.