US mortgage rates unchanged on Friday [2008-11-13]
NEW YORK - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Friday at 6-1/2 percent, according to BestInfo Inc.
If the mortgage market on Tuesday continues in its current direction, rates may rise.
The 30-year mortgage rate with 1 upfront point was unchanged at 6-1/4 percent.
The 30-year mortgage rate with 2 upfront points was unchanged at 6 percent.
The Mortgage Point Monitor is provided exclusively by BestInfo, Inc., a Dover, Vermont-based provider of mortgage market analysis.