Bankrate: Mortgage Rates Mostly Lower

NEW YORK, Jan. 13, 2011 /PRNewswire via COMTEX News Network/ -- Mortgage rates were mostly lower this week, except for the benchmark conforming 30-year fixed mortgage rate, which held at 4.94 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points. (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO ) To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages. The average 15-year fixed mortgage retreated to 4.29 percent, while the larger jumbo 30-year fixed rate settled at 5.57 percent. Adjustable rate mortgages were down more notably,...

Source:
http://article.wn.com/view/2011/01/13/Bankrate_Mortgage_Rates_Mostly_Lower_c/

news around the world today today world news nbc news news updates global news