Mortgage Rates Set New Record Lows in Freddie Mac Survey

Interest rates on home loans sunk to new lows this week, according to figures released by Freddie Mac Thursday.

Although rates have been hovering near their lowest levels in more than a half-century for some time now, the GSE’s chief economist, Frank Nothaft, expressed concern that they’ve done little to pull would-be buyers from the sidelines as the housing recovery continues to slow.

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