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The article presents a report from the Federal Home Loan Mortgage Association that fixed-rate home mortgages fell in the latest week while one-year adjustable rates drifted higher.

Reports the decline of average rate on fixed-rate mortgage in the United States according to a report released by Federal Home Loan Mortgage Corp. Details on the average decline reported; Information on mortgage rates in the country.

Discusses what effect the rise in interest rates by the United States Federal Reserve on May 16, 2000 will have on mortgage rates. Why consumers should look into locking in a fixed-rate mortgage; What hybrid mortgages offer home buyers; Why home buyers should lock in rates as soon as possible.

Reports on mortgage rates in the United States as of fall 1998. The rate for most homeowners slipping; Rates for mortgages of more than $227,150, the jumbos, not dropping much; Turmoil in bond markets flowing over into mortgage pricing, according to analysts; Jumbo loans not having the Fannie Mae and Freddie Mac guarantee; How the difference of fractional percentage points between conforming and jumbo mortgages can add up; Effect on lending activity.

States that mortgage rates in the United States has risen to 7.51 percent in the week ending June 11, 1999. How the mortgage rates affects home buying; Decline of mortgage refinancing application.