Mortgage Rates Inch Higher Again
POSTED: 2:17 pm EDT July 6,
2006
UPDATED: 2:23 pm EDT July 6,
2006
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WASHINGTON -- Mortgage interest rates have inched up during the past week.Freddie Mac said the average for 30-year, fixed-rate mortgages stood at 6.79 percent this week, compared with 6.78 percent last week. It was the fourth weekly increase and put rates at the highest level for 30-year mortgages since they averaged 6.81 percent the week of May 24, 2002.The 15-year, fixed-rate averaged 6.44 percent this week, compared to 6.43 percent in the previous week. For one-year Treasury-indexed adjustable rate mortgages, the average was unchanged at 5.82 percent. Freddie Mac's chief economist, Frank Nothaft, said the 30-year fixed mortgage will likely see some further moves higher this year. But he said he expects it to remain under 7 percent.
Previous Stories:
- June 29, 2006: Mortgage Rates Rise Again
- June 15, 2006: Mortgage Rates Rise On Fed Rate Worries
- June 8, 2006: Long-Term Mortgage Rates Dip
- June 1, 2006: Mortgage Rates Near 4-Year High
- May 19, 2006: Long-Term Mortgage Rates Up Again
- May 4, 2006: Mortgage Rates Up For 6th Week
- March 23, 2006: Mortgage Rates Slide For Second Straight Week
- February 23, 2006: Long-Term Mortgage Rates Fall
- January 19, 2006: Mortgage Rates Fall To 3-Month Low
- November 17, 2005: Mortgage Rates Up Slightly
- November 11, 2005: 30-Year Mortgages Climb Again
- November 3, 2005: Long-Term Mortgage Rates Hit 6.3 Percent
- October 20, 2005: 30-Year Mortgage Rates Hit 15-Month High
- October 13, 2005: 30-Year Mortgage Rates Top 6 Percent
- October 6, 2005: Mortgage Rates Rise On Inflation Jitters
- September 29, 2005: Rates On 30-Year Mortgages Hit 5-Month High
- September 15, 2005: Mortgage Rates Inch Higher
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