Bankrate: Mortgage Rates Rise as Credit Crunch Intensifies
Trading Markets (press release), CA - 1 hour ago
Adjustable mortgage rates were mixed, with the average 1-year ARM sharply lower at 6.04 percent while the average 5/1 ARM jumped to 6.49 percent. …

Read in full at Bankrate: Mortgage Rates Rise as Credit Crunch Intensifies – Trading Markets (press release)