October 20, 2006

Mortgage Rates Remain Steady

WASHINGTON// Mortgage rates scarcely budge; Fed vote awaited

Rates on 30- year mortgages, after rising for the first time in five weeks, edged down slightly this week.

That compared with 6.37 percent last week when rates had risen after having fallen to a seven-month low of 6.24 percent.

Rates on five-year adjustable-rate mortgages rose to 5.57 percent, up from last week’s 5.56 percent.

The mortgage rates do not include add-on fees known as points. (Read More)

Source: Baltimore Sun

 

Tags: Mortgage News

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Filed under Mortgage News by Kirk McDonough.
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