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Article: Bankrate: Mortgage Rates Post Mixed Results.
- Article from:
- PR Newswire
- Article date:
- June 25, 2009
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NEW YORK, June 25 /PRNewswire-FirstCall/ -- The average 30-year fixed mortgage rate was slightly higher this week, rising to 5.80 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points.
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The average 15-year fixed rate mortgage inched lower to 5.16 percent, while the average jumbo 30-year fixed rate pushed above the 7 percent mark to 7.03 percent. Adjustable rate mortgages were generally lower, with the average 3-year ARM falling to 5.32 percent and the 5-year ARM dropping to 5.26 percent.
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