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(AFX UK Focus) 2008-11-05 21:35
US mortgage rates fell on Wednesday - BestInfo
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NEW YORK, Nov 5 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points fell 1/8 of a percentage point on Wednesday to 6 percent, according to BestInfo Inc.
If the mortgage market on Thursday continues in its current direction, rates may remain the same.
The 30-year mortgage rate with one upfront point fell 1/8 of a percentage point to 5-3/4 percent.
The 30-year mortgage rate with two upfront points fell 1/8 of a percentage point to 5-1/2 percent.
The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo, Inc, a Dover, Vermont-based provider of mortgage market analysis. Keywords: USA MORTGAGES/BESTINFO

(julie.haviv@thomsonreuters.com; +1-646-223-6153; Reuters Messaging:julie.haviv.reuters.com@reuters.net)

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