February 8, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity increased 11.3 percent for the week ended Jan. 28, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.81 percent from 4.80 percent the previous week. The rate for 15-year mortgages increased to 4.13 percent from 4.12 percent.