Weekly Mortgage Interest Rate Report — October 24, 2013

Fixed rates fall to a four month low"Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year. The weak employment report for September added to this expectation. The economy added just 148,000 jobs, which was below the market consensus forecast and less than the 193,000 jobs increase in August."– Frank Nothaft, vice president and chief economist, Freddie Mac

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