U.S. 30-year mortgage rates highest since July
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Mortgage rates extended their climb for the fifth straight week, skyrocketing to highs not seen in nearly a year, according to a weekly survey released by finance company Freddie Mac  on Thursday.
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Countrywide Financial Corp , the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, though it made more loans than expected in the fourth quarter.
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The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing slump.
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Countrywide Financial, the nation's largest home loan lender, reported yesterday that foreclosures and late payments on mortgages in December soared to their highest levels in five years.
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Mortgage rates around the country rose this week but are still at levels that should continue to provide support to the vibrant housing market, analysts say.
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Interest rates on U.S. 30-year and  15-year mortgages edged higher this week amid signs the economy  is improving, stoking inflation concerns, mortgage finance  company Freddie Mac said on Thursday.
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Rates on 30-year, fixed-rate mortgages in the United States averaged 5.72 percent this week, down slightly from 5.74 percent last week, Freddie Mac reported Wednesday.
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U.S. mortgage applications rose last week, fueled by increased demand for home purchase loans even as interest rates hit their highest level in nearly a year, an industry group's data showed on Wednesday.
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Long-term mortgage rates in the United States increased sharply this week, mortgage wholesaler Freddie Mac reported Thursday in its weekly nationwide survey.
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New applications for U.S. home loans rose, spurred by a rise in mortgage refinancings last week as 30-year mortgage rates eased to their lowest level since early April, an industry group said on Wednesday.
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US 30-year mortgage rates averaged 5.84 percent in 2004, holding near last year&#39;s record low and helping drive home sales to all-time highs, Freddie Mac said.
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Home building in the United States soared by an unexpectedly steep 8.3 percent in July, recovering from a slump the previous month as weather improved, a government report showed.
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Mortgage rates crept higher this week on news of good job growth in August, according to a survey conducted by mortgage buyer Freddie Mac.
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MCLEAN, Va. - Mortgage rates have risen this week, but they remain at the low levels seen for most of this year. Mortgage company Freddie Mac says 30-year fixed-rate mortgages have gone from an average 5.75 percent last week up to 5.81.
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Rates on 30-year and 15-year mortgages dipped this week, a development that should help keep the housing market humming. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent for the week ending Nov.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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Mortgage rates inched up this week, but remained well below the year-high levels set in the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year, fixed-rate mortgages