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by CareyBot

Long-term mortgage interest rates were up again Monday, while U.S. financial markets were closed in honor of Columbus Day. The 30-year fixed-rate average rose to 6.09 percent, and the 15-year fixed rate gained to 5.72 percent. The 1-year adjustable grew to 5.76 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5. ...