Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: BANKING Date: Sun, 15 Nov 92 08:59:51 EST Message-ID: HEADLINE: BANKING Publication Date: Saturday November 14, 1992 BYLINE: Mortgage Rates Rise: Thirty-year, fixed-rate mortgages averaged 8.32% this week, up from 8.29% last week, according to a national survey by the Federal Home Loan Mortgage Corp. It was the highest since rates averaged 8.48% during the week ended June 26. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 5.20%, up from 5.17% last week. The rates do not include add-on fees known as points. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM