MonitorBankRates

Weekly Mortgage Rates: Updated May 25, 2009

weekly-mortgage-rates-updated-may-25-2009Longer term mortgage rates were mixed last week, 30-year mortgage rates were up while 15-year rates continued to go down.  The most pronounced decrease on 15 year mortgages was the 15-year jumbo fixed rate mortgage. Rates declined from 6.01 percent to 5.87 percent.