Today’s mortgage rates

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shirly
Posts: 5
Joined: Sun Jan 28, 2007 10:48 pm

Today’s mortgage rates

Post by shirly » Mon Jun 11, 2007 3:17 am

Hi Folks,

Rates on 30-year mortgages rose for a third straight week, striking the highest level in eight months and the30-year, fixed-rate mortgages averaged 6.42 percent and the rates on 15-year, fixed-rate mortgages, a well-liked choice for refinancing, rose to 6.12 percent this week, up from 6.06 percent last week.

Rates on Five-year, adjustable-rate mortgages averaged 6.19 percent, up from 6.02 percent and One-year, adjustable mortgages were the only category to show a decline, dipping to 5.57 percent from 5.64 percent last week.

Cheers
Samantha

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