Mortgage activity rises with rates mixed
Interest rates for 30-year, fixed-rate mortgages fell from 4.78 percent to 4.77 percent with points rising from 0.91 to 1.2. Rates for 15-year fixed-rate contracts rose from 4.15 percent to 4.16 percent, with points falling from 1.01 to 0.91, the MBA said.
The MBAs Market Composite Index, indicating the volume of new mortgage activity, rose 5 percent in the week. The Refinancing Index rose 7.7 percent, the trade group said.
Similar Posts:
- 3 Things to Consider about Refinancing
- 30 & 15 Year Mortgage Rates – March 10, 2011
- FHA Mortgage Rates – March 10, 2011
- Mortgage Industry Loses Jobs
- ARM Mortgage Rates – March 10, 2011
Tags: Rates, Rates Mixed