February 15, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.5 percent for the week ended Feb. 4, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.13 percent from 4.81 percent the previous week. The rate for 15-year mortgages increased to 4.29 percent from 4.13 percent.