U.S. mortgage rates unchanged on Tuesday -BestInfo
NEW YORK, Aug 12 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Tuesday at 6-7/8 percent, according to BestInfo Inc.
If the mortgage market on Wednesday continues in its current direction, rates may decline.
The 30-year mortgage rate with one upfront point was unchanged at 6-5/8 percent.
The 30-year mortgage rate with two upfront points was unchanged at 6-3/8 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)
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