April 6, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity increased 1.3 percent for the week ended March 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.04 percent from 5.01 the previous week. The rate for 15-year mortgages increased to 4.34 percent from 4.33 percent.