Freddie sees mortgage rates hitting 6% in 2010 Motodur

Freddie sees mortgage rates hitting 6% in 2010

December 27th, 2009 | No Comments | Posted in business

After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, if not sooner, according to giant mortgage financier Freddie Mac.

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Freddie sees mortgage rates hitting 6% in 2010

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