Average U.S. Mortgage Interest Rates Rise

Real Estate Agent with Buyers Brokers Only, LLC

Average rates for U.S. 30-year, fixed-rate mortgages rose from 6.31 percent to 6.34 percent, USA Today reported September 20, 2007.

A year ago the 30-year loan averaged 6.40 percent.

Average rates for 15-year, fixed-rate mortgages stood at 5.98 percent, up from 5.97 percent the previous week. Last year the 15-year loan averaged 6.06 percent.

Freddie Mac, the mortgage finance company, reports the weekly numbers.

Read The USA Today Article

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David Spencer
Keller Williams Northland - Kansas City, MO
Show Me real estate in Kansas City
This is a fact that home buyers don't understand. The Fed cuts rates and mortgage rates rise. Econ. 101 goes over a lot of peoples heads.
Sep 21, 2007 12:11 PM #1
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