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View Full Version : Mortgage Rate Rise Halts


elina
04-25-2007, 07:43 AM
Hi,

As predicted, mortgage interest rates closed their latest rise, as muted economic data trimmed the rising pressure of earlier weeks. The average 30-year fixed-rate mortgage (FRM) drops a single basis point, closing the pricing at 6.37%. For Hybrid 5/1 ARMs, a decline of five basis points was noted, and that average finished the week at 6.17%.


Thanks and Regards
Rob Thomos
robthomos19@yahoo.com (robthomos19@yahoo.com)
mortgagescorp.com