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Article: U.S. 30-year mortgage rates rise to 6.53 percent
- Article from:
- Xinhua News Agency
- Article date:
- April 20, 2006
CopyrightCopyright 2006 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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U.S. 30-year mortgage rates rise to 6.53 percent
WASHINGTON, April 20 (Xinhua) -- Rates on 30-year mortgages across
the United States have climbed up to their highest level in nearly
four years, Freddie Mac reported Thursday.
In the week to April 20, rates on 30-year, fixed-rate mortgages
rose to 6.53 percent from 6.49 percent last week, the mortgage
company's weekly nationwide survey showed.
The rate of 6.53 percent was the highest point since the week
ended July 12, 2002, when 30-year mortgage rates stood at 6.54
percent.
Other types of mortgage rates also posted gains this week. Rates
on 15-year, ...