Friday, June 06, 2008

Long Term Mortgage Rates Almost Unchanged

The 30-year fixed-rate mortgage (FRM) averaged 6.09 percent with an average 0.6 point for the week ending June 5, 2008, up very slightly from last week when it averaged 6.08 percent. Last year at this time, the 30-year FRM averaged 6.53 percent.

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