Sunday, February 24, 2008

Mortgage rates UP!

For the week ending February 20, Bankrate.com reports that "The benchmark 30-year fixed-rate mortgage rose 41 basis points, to 6.37 percent ... One year ago, the mortgage index was 6.29 percent; four weeks ago, it was 5.57 percent. The 30-year fixed hasn't been this high since the middle of October, when it was near 6.5 percent."

To read more: Bankrate.com mortgage analysis

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