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Mortgage Rates Mixed: Rates on 30-year fixed...

From Times Staff and Wire Reports

Mortgage Rates Mixed: Rates on 30-year fixed mortgages fell to 10.29% from 10.33%, and adjustable-rate mortgages increased to 8.55% from 8.53% during the week, the Federal Home Loan Mortgage Corp. said. The fixed-rate average is for a 30-year loan covering 80% of a home’s cost. The average adjustable-rate mortgage also is for 30 years, but for 75% of the home price.


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