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Local mortgage activity drops as interest rates rise - HometownAnnapolis.com

Story date: 2009-06-28 06:17:00
Added on: 2009-07-03 14:38:43


County mortgage brokers said business has leveled off significantly as interest rates rise above 5 percent amid fears of inflation. According to Freddie Mac, a 30-year, fixed-rate mortgage averaged 5.38 percent last week. Comparatively, the 30-year ...


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