Thursday, June 7, 2007

U.S. 30-year mortgage rates highest since August

(Reuters) - Fifteen-year mortgage rates soared to 6.22 percent from
6.12 percent, the highest since 6.20 percent in the Aug. 10
week.




With such spikes, 30-year and 15-year mortgages edged close
to their year-ago levels. During the same week last year,
30-year mortgages averaged 6.62 percent and 15-years averaged
6.23 percent.


Read more at Reuters.com Bonds News

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