Fed's seven-month pause could be a much longer hold - 2007-02-01
The Federal Reserve's seven-month hold on interest rates could turn out to be longer. Some analysts think the Fed could be in the neutral stance for all of 2007.
That was the view after the Fed's latest comments on the economy alleviated concerns that the recent rebound in economic growth might be setting the stage for possible interest rate hikes. The 30-year mortgage rate could climb to around 6.75 percent in coming months.
Read the full story at San Diego Union Tribune

Refinance mortgage rates surge; highest since October - 2007-02-01
Tame inflation along with healthy economic growth pushed refinance mortgage rates upwards, according to a survey. The 30-year fixed rate mortgage rate averaged 6.34 percent for the week ended Feb. 1, up from 6.25 percent last week, according to Freddie Mac's Primary Mortgage Market Survey released Thursday. The 30-year fixed rate hasn't been higher since the week finishing Oct. 26.
Read the full story at CNNMoney.com