Sunday, April 11, 2004

Mortgage rates go up!

"Interest on 30-year mortgages hit 5.79 percent this week, while 15-year rates surged from 4.84 percent to 5.12 percent, according to Freddie Mac.

The one-year adjustable mortgage rate rose as well, moving up from 3.46 percent to 3.65 percent. The current 30-year rate is the highest since early January, when it reached 5.87 percent. "

Source: The Washington Post (04/09/04)

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