Friday, July 31, 2009

Bond Yield Slightly Rises Taking Mortgage Rates With It

The 30-year fixed-rate mortgage (FRM) averaged 5.25 percent with an average 0.7 point for the week ending July 30, 2009, upfrom last week when it averaged 5.20 percent. Last year at this time, the 30-year FRM averaged 6.52 percent.

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