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U.S. mortgage rates fall: BestInfo

NEW YORK
Thu Jul 31, 2008 3:37pm EDT

NEW YORK (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points fell 1/8 of a percentage point on Thursday to 6-5/8 percent, according to BestInfo Inc.

Housing Market

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

The 30-year mortgage rate with one upfront point fell 1/8 of a percentage point to 6-3/8 percent.

The 30-year mortgage rate with two upfront points fell 1/8 of a percentage point to 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 Dan Grebler)
Housing Market


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