November 30, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity increased 2.1 percent for the week ended Nov. 19, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.5 percent from 4.46 percent the previous week. The rate for 15-year mortgages fell to 3.83 percent from 3.87 percent.