Thursday, May 24, 2012
Mortgage rates above 5 pct for 1st time in 3 mos
Rates on 30-year home loans surged above 5 percent for the first time in nearly three months this week as investors pushed up rates on long-term government debt, which is closely tied to mortgage rates.
Read the whole story here: Mortgage rates above 5 pct for 1st time in 3 mos
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