| Main
story: Inflation worries could cause rates to rise
Story |
| Average
mortgage rates and points in the top 10 markets |
| Market |
15-Yr
Rate |
15-Yr
Points |
30-Yr
Rate |
30-Yr
Points |
1-Yr ARM Rate |
1-Yr
ARM Points |
|
New York
|
8.03 |
0.48 |
8.31 |
0.41 |
7.78 |
0.46 |
|
Los Angeles
|
7.73 |
0.59 |
8.00 |
0.55 |
7.21 |
0.40 |
|
Chicago
|
8.08 |
0.03 |
8.33 |
0.03 |
7.59 |
0.11 |
|
San Francisco
|
7.85 |
0.96 |
8.14 |
0.91 |
7.41 |
0.44 |
|
Philadelphia
|
8.06 |
0.20 |
8.34 |
0.20 |
7.11 |
0.25 |
|
Detroit
|
7.72 |
0.78 |
7.97 |
0.77 |
6.83 |
0.88 |
|
Boston
|
7.93 |
0.30 |
8.09 |
0.30 |
6.92 |
0.82 |
|
Houston
|
7.96 |
0.28 |
8.20 |
0.26 |
7.51 |
0.28 |
|
Dallas
|
7.96 |
0.23 |
8.21 |
0.23 |
7.53 |
0.24 |
|
Washington, DC
|
7.94 |
0.39 |
8.24 |
0.39 |
6.97 |
0.40 |
|
National Average
|
7.93 |
0.43 |
8.18 |
0.41 |
7.28 |
0.43 |
|
|
|
|
|
|
|
|
Average mortgage rates
and points as of survey date 06/21/00. This data comes from the
Wednesday survey of the largest institutions in the country. For
more information on Bankrate.com averages, click
here.
|
|
|
-- Posted: June 21, 2000
|
