MORTGAGE RATES FALL

Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five weeks. Mortgage giant Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.04 percent this week, down from 6.46 percent last week. The decline pushed...

MORTGAGE RATES UP

Rates on 30-year mortgages have climbed for the second straight week, putting them at their highest since September, when they averaged 6.35 percent. This week, 30-year, fixed-rate mortages averaged 6.10 percent, rising from last week’s average of 6.09 percent....

RATES FALL AFTER TAKEOVER

Mortgage rates fell last week in the wake of the government’s takeover of Fannie Mae and Freddie Mac. That was exactly what had been hoped for. Freddie Mac’s nationwide survey of 30-year, fixed-rate mortgages fell to 5.93 percent last week, down from 6.35...

MORTGAGE RATES INCH UP

Mixed economic indicators caused some fluctuations in mortgage rates this week. According to Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.63 percent, with an average 0.5 point, for the week ending June 15, 2006. This...