Tuesday, March 27, 2007

Mortgage Rates to Decline?

The average rate on a 30-year home mortgage loan with no upfront points was unchanged on
Monday at 6-1/4%
If the mortgage market on Tuesday continues in its current
direction, rates may decline.
The 30-year fixed mortgage rate with 1 upfront point was
unchanged at 6 percent.
The 30-year mortgage rate with two upfront points was
unchanged at 5-3/4 percent.

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