Mortgage Rates Try to Rise
12/20/2005
Today's sell-off influenced mortgage lenders to edge rates up on a few select products.
At 4 p.m. EST on Thursday, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 6.006 percent from 5.997 percent on Monday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.572 percent versus 5.578 percent on Monday.
Given Tuesday's limited movement in the Treasury markets, lenders overnight might see little need to adjust mortgage rates much further on most products.
Today's sell-off influenced mortgage lenders to edge rates up on a few select products.
At 4 p.m. EST on Thursday, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 6.006 percent from 5.997 percent on Monday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.572 percent versus 5.578 percent on Monday.
Given Tuesday's limited movement in the Treasury markets, lenders overnight might see little need to adjust mortgage rates much further on most products.
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