Mortgage rates hit 4.61 pct.; refi’s could slow

Mortgage rates hit 4.61 pct.; refi’s could slow
NEW YORK — Rates on fixed mortgages rose for the fourth straight week this week. The surge could slow refinancings and further hamper the housing market. Freddie Mac said Thursday that the average rates on 15- and 30-year fixed loans increased sharply from last week. Mortgage rates tend to track the yields on 10-year Treasury bonds. […]
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