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| Main
story: Mortgage
rates jump 10 basis points |
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
|
8.06 |
0.49 |
8.48 |
0.52 |
7.27 |
0.02 |
|
Los Angeles
|
7.86 |
0.60 |
8.23 |
0.51 |
7.00 |
0.36 |
|
Chicago
|
8.05 |
0.26 |
8.38 |
0.33 |
7.15 |
0.37 |
|
San Francisco
|
7.93 |
0.92 |
8.31 |
0.85 |
7.16 |
0.40 |
|
Philadelphia
|
8.03 |
0.30 |
8.43 |
0.30 |
6.70 |
0.25 |
|
Detroit
|
7.80 |
0.74 |
8.22 |
0.77 |
6.18 |
0.77 |
|
Boston
|
7.98 |
0.43 |
8.35 |
0.46 |
6.51 |
1.23 |
|
Houston
|
8.04 |
0.36 |
8.42 |
0.38 |
7.02 |
0.38 |
|
Dallas
|
7.98 |
0.31 |
8.34 |
0.35 |
6.81 |
0.36 |
|
Washington, DC
|
7.86 |
0.58 |
8.27 |
0.55 |
6.57 |
0.58 |
|
National Average
|
7.96 |
0.53 |
8.34 |
0.53 |
6.84 |
0.63 |
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Average mortgage rates
and points as of survey date 02/02/00. This data comes from the
Wednesday survey of the largest institutions in the country. For
more information on Bankrate.com averages, click
here.
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-- Posted: Feb. 2, 2000
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