March 25 - Mortgage rates top 6%

Freddie Mac's weekly mortgage survey reports this week that the national average for 30 year fixed-rate mortgages has topped 6%. The average 30 year fixed rate stands at 6.01% with .7 points and the 15 year fixed-rate is at 5.56% also with .7 points. This is the first time since July 29, 2004 that the 30 year rate has topped 6%.