Fixed-rate mortgage rates rise, ARMs fall (Market Watch)

Story date: 2007-09-27 07:43:48
Added on: 2007-09-27 19:00:14

CHICAGO (MarketWatch) -- Interest rates on fixed-rate mortgages rose again this week, while rates on adjustable-rate mortgages fell, according to Freddie Mac's weekly survey. The 30-year fixed-rate mortgage averaged 6.42%, up from last week's 6.34%. The mortgage averaged 6.31% a year ago. "Consistent with the direction of 10-year Treasury securities, average rates on 30-year fixed-rate mortgages ...


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