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Mortgage Rates - Updated News
As mortgage rates creep upward, anxiety rises, too (Courier-Post)
As if the real estate slump weren't severe enough -- with prices sinking and foreclosures dumping ever more homes on the market -- another threat has emerged: rising mortgage rates.

Mortgage Rates Declined in Week (TheStreet.com)
As inflation concerns eased, so did interest rates on home financing solutions.

Mortgage rates decline a bit (Bankrate.com)
Mortgage rates dropped this week on news of a slumping economy. The benchmark 30-year fixed-rate mortgage fell 9 basis points, to 6.53 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.

30-year mortgage rates drop to 6.35% (San Jose Mercury News)
WASHINGTON - Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.

U.S. mortgage rates drop for first time in four weeks (Market Watch)
CHICAGO (MarketWatch) -- Mortgage rates reversed course this week, dropping after three straight jumps, Freddie Mac said in its weekly rate survey Thursday. The national average for the 30-year fixed-rate mortgage fell to 6.35% from 6.45% a week ago. Last year at this time, the 30-year loan averaged 6.63%. The 15-year fixed-rate loan averaged 5.92%, down from 6.04%. Five-year Treasury-indexed ...

Mortgages: U.S. mortgage rates ease: Freddie Mac (Market Watch)
CHICAGO (MarketWatch) -- Mortgage rates reversed direction and fell this week, in part due to expectations that inflation will moderate later this year, Freddie Mac's chief economist said on Thursday.

30-year mortgage rates drop (Pioneer Press)
WASHINGTON ? Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline as signals from the Federal Reserve eased worries about imminent rate increases.


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