Long-Term Mortgage Rates HaltSlide

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McLEAN, Va. - (02/18/05) -- Long-term mortgage rates roseslightly this week, after declining the previous six weeks,according to Freddie Mac. The average for the benchmark 30-year,fixed-rate loan increased to 5.62% this week, from 5.57% last week;while the average for the 15-year, fixed-rate mortgage moved up to5.14$, from 5.10%. ARM rates also rose, with the average for thefive-year hybrid ARM climbing to 5.05%, from 4.99%; and the averagefor the one-year ARM going to 4.15%, from 4.11%.

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