July 29, 2010

Average Mortgage Rates
30 Yr FRM	4.60%	-0.03%
15 Yr FRM	3.99%	-0.04%
FHA 30 Year	4.62%	-0.03%
Jumbo 30 Year	6.01%	-0.03%
5/1 Yr ARM	3.62%	-0.04%
View Current Mortgage Rates \| Compare Rates	Updated: 7/29/10 2:25 PM

Latest Commentary

Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History - MBS Commentary

I hinted at this observation this morning but I will expand. The last time 10s broke through 3.00%...it was during an auction week. It just so happened that stocks rallied during that period, mostly thanks to a short squeeze. Unfortunatley the S&P failed to extend that rally after running into a cluster of technical resistance around 1110. Short... Read More

Can Mortgage Rates Go Any Lower? - Mortgage Rate Watch

I suppose the first step of this scenario coming true is the "double-dip". Some folks say the deflationary spiral has already taken hold, others say we're dealing with a crisis of confidence and the underlying economy is strong. Working in the housing market I am exposed to excess amounts of negativity, but I also see evidence of a bottom... Read More

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as defined by Section 226.2 of Regulation Z. This is not an offer to
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not include discount points, origination points, or loan level risk
based price adjustments. Rates and terms are subject to change without
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