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U.S. mortgage rates unchanged Monday - BestInfo

Filed under: Mortgage News — admin at 11:46 pm on Wednesday, March 22, 2006

U.S. mortgage rates unchanged Monday - BestInfo
Mon Mar 20, 2006 4:40 PM ET

NEW YORK, March 20 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Monday at 6-1/2 percent, according to BestInfo Inc.

If the mortgage market on Tuesday continues in its current direction, rates may decline.

The 30-year mortgage rate with one upfront point was unchanged at 6-1/4 percent.

The 30-year mortgage rate with two upfront points was unchanged at 6 percent.

The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo. The company, formerly BestRates Inc., is a Dover, Vermont-based provider of mortgage market analysis.

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