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.