U.S. mortgage rates unchanged on Friday - BestInfo

Fri Aug 1, 2008 4:18pm EDT
 
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NEW YORK, Aug 1 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Friday at 6-5/8 percent, according to BestInfo Inc.

If the mortgage market on Monday continues in its current direction, rates may rise.

The 30-year mortgage rate with one upfront point was unchanged at 6-3/8 percent.

The 30-year mortgage rate with two upfront points was unchanged at 6-1/8 percent.

The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo, Inc., a Dover, Vermont-based provider of mortgage market analysis. (Reporting by Julie Haviv; Editing by Diane Craft)

 
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