Mortgage rates unmoved

1/9/2006

lenders who use yields as a guide to set mortgage rates had no need to adjust them.

At 4 p.m. EST, average mortgage rates (zero discount points) based on rates collected nationwide were:

The 30-year conventional fixed-rate mortgage was at 5.902 percent from 5.896 percent on Friday.

The 15-year conventional fixed-rate mortgage was at 5.461 percent versus 5.469 percent on Friday.

With yields holding steady, overnight and into tomorrow it is unlikely that mortgage rates will move far from present levels.