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7 Maryland residents being tested for coronavirus, Fed cuts rates

Posted on by Chris Montcalmo

BALTIMORE, MD—After coronavirus fears led to a stock market free-fall last week, the Federal Reserve is taking action.  Here in Maryland, new reports suggest that up to seven residents are now being tested for COVID-19. Six people have died from coronavirus in Washington state and at least 100 others are sick. The Maryland Department of Health now reports that 7 […]

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Baltimore mortgage rates move lower for second consecutive week

Posted on by Chris Montcalmo

by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates declining for the second consecutive week – both in Baltimore and nationwide. The 30-year fixed-rate mortgage averaged 3.54 percent with an average 0.5 point for the week ending June 16, 2016, down from last week when it averaged 3.60 percent. […]

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