Mortgage Rates Unchanged on 10-29-2007

The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Monday at 6-1/4 percent. If the mortgage market on Tuesday continues in its current direction, rates may decline.

The 30-year mortgage rate with one upfront point was unchanged at 6 percent.

The 30-year mortgage rate with two upfront points was unchanged at 5-3/4 percent.