Investor's Business Daily - Rates on an average 30-year mortgage fell to 6.47% in the week ended Aug. 21 from 6.52% the week before, Freddie Mac said. The 15-year fixed-rate mortgage fell to 6%, down from 6.07%, while the 5-year adjustable rate dipped to 5.99% from 6.02%. The 1-year adjustable rate rose to 5.29%. Mortgage yields, though dipping in recent weeks, are much higher than they were in the spring. Home loan applications are at a 71/2-year low, the Mortgage Bankers Assoc. said Wed.
More... 
Economy - Thursday (Investor's Business Daily) 
Linear Mode
