Saturday, January 06, 2007

Mortgage rates UP!

Bankrate.com reports that "The benchmark 30-year fixed-rate mortgage rose 1 basis point, to 6.24 percent ... One year ago, the mortgage index was 6.27 percent; four weeks ago, it was 6.08 percent."

This is the forth straight weekly increase.

For more information: Bankrate.com January 4 mortgage rate report

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