December 7, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity fell 16.5 percent for the week ended Nov. 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.56 percent from 4.5 percent the previous week. The rate for 15-year mortgages increased to 13.91 percent from 3.83 percent.