Path: bloom-picayune.mit.edu!enterpoop.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: MARKETS Date: Tue, 24 Nov 92 06:06:07 EST Message-ID: Lines: 16 HEADLINE: MARKETS Publication Date: Monday November 23, 1992 BYLINE: Mortgage Rates Unchanged: Thirty-year fixed-rate mortgages averaged 8.32% last week, unchanged from the previous week, according to a national survey released by the Federal Home Loan Mortgage Corp. At 8.32%, rates are the highest since they averaged 8.48% during the week ended June 26. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 5.32%, up from 5.20% 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