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U.S. mortgage rates unchanged on Tuesday - BestInfo

Tue May 6, 2008 4:25pm EDT

NEW YORK, May 6 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Tuesday at 6 percent, according to BestInfo Inc.

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If the mortgage market on Wednesday continues in its current direction, rates may remain the same.

The 30-year mortgage rate with one upfront point was unchanged at 5-3/4 percent.

The 30-year mortgage rate with two upfront points was unchanged at 5-1/2 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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