Saturday, November 19, 2005

Mortgage rates finally remain constant

With the trend towards rising interest rates, Bankrate.com reports this week that mortgage rates remain steady for the first time since early September.

"The benchmark 30-year, fixed-rate mortgage remained 6.42 percent, according to the Bankrate.com national survey of large lenders...One year ago, the mortgage index was 5.76 percent. Four weeks ago, it was 6.17 percent."

To read more: Mortgage rates remain steady

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