Saturday, July 01, 2006

Mortgage Rates Follow Suit

Bankrate.com reports that for the week ending June 28, "The benchmark 30-year fixed-rate mortgage rose 10 basis points to 6.93 percent ... One year ago, the mortgage index was 5.61 percent; four weeks ago, it was 6.72 percent. The last time the mortgage index was higher was April 18, 2002, when it was 6.96 percent."

To read more: Bankrate.com June 28 mortgage rate survey

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