U.S. mortgage rates unchanged Wednesday - BestInfo

Wed Mar 2, 2005 03:52 PM ET

NEW YORK, March 2 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Wednesday at 5-7/8 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 was unchanged at 5-5/8 percent.

The 30-year mortgage rate with two upfront points was unchanged at 5-3/8 percent.

The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo. The company, formerly BestRates Inc., is a Dover, Vermont-based provider of mortgage market analysis.