Fixed Rate Mortgages Soar
Posted by Interest Rates Today on 06/13/08 in Mortgage Rate News
Rate: 6.52 percent (30-year fixed) Average points: 0.41
Fixed-rate mortgages soared this week and are now at their highest level in nearly 10 months.
The average 30-year fixed-rate mortgage jumped 26 basis points, to 6.52 percent. A basis point is one-hundredth of a percentage point.
The average 15-year fixed — a popular option for refinancing — shot up […]
tag this