• Most Popular
  • Most Shared

US mortgage rates up 1/8 point on Tuesday-BestInfo

Tue Feb 12, 2008 4:45pm EST

NEW YORK, Feb 12 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points rose 1/8 percentage point to 6 percent on Tuesday, according to BestInfo Inc.

Bonds

The 30-year mortgage rate with one upfront point increased 1/8 percentage point to 5-3/4 percent.

The 30-year mortgage rate with two upfront points also climbed 1/8 percentage point, to 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 Lynn Adler; Editing by Jonathan Oatis)

Bonds


More from Reuters

Photo

Obama blames "systemic failures" for plane attack

KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed "human and systemic failures" for allowing a botched Christmas Day attack aboard a Detroit-bound airliner and a U.S. official said the incident was linked to al Qaeda. | Video

» More Top News
A man passes by a logo of the Tokyo Stock Exchange at the bourse in Tokyo December 29, 2009. REUTERS/Yuriko Nakao

Tokyo trade gets turbocharged

The "Arrowhead" gives Asia's largest -- and long derided -- bourse a viable electronic trading platform, it hopes.  Full Article 

Global Markets
REUTERS/James Saft
JAMES SAFT:

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary 

COMMENTARY