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Mortgage rates take big jump

Shared by Adonis on Fri Oct 13, 2006 3:51 am

The 30-year fixed-rate mortgage (FRM) averaged 6.37 percent for the week ending Oct. 12, up from 6.30 percent, according to Freddie Mac's (Charts) Primary Mortgage Market Survey. A year ago, the 30-year FRM averaged 6.03 percent.

Source: http://money.cnn.com/2006/10/12/real_estate/mortgage_rates/index.htm?section=money_latest
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