Mortgage Rates Hold Steady

McLEAN, Va. - (01/13/06) – Mortgage rates were virtuallyunchanged this week as the markets waited for several importanteconomic indicators, according to Freddie Mac. The average for thebenchmark 30-year, fixed-rate mortgage dipped a single basis pointto 6.21% this week; while the average for the 15-year, fixed-rateloan was unchanged at 5.76%. ARM rates also held steady, as theone-year ARM average was 5.15% this week, down slightly form 5.16%last week; and the five-year ARM average came in at 5.78%, comparedto 5.79% last week.