August 16, 2010
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.34% | -0.02% |
| 15 Yr FRM | 3.73% | -0.02% |
| FHA 30 Year | 4.40% | -0.01% |
| Jumbo 30 Year | 5.58% | -0.02% |
| 5/1 Yr ARM | 3.42% | -0.02% |
| View Current Mortgage Rates | Compare Rates | Updated: 8/16/10 4:32 PM | |
Latest Commentary
What Might Move Mortgage Rates in the Week Ahead? - Mortgage Rate Watch
Look for mortgage rates to be indicative of competitiveness in the primary mortgage market. There are several factors that go into the determination of mortgage rates besides the ups and downs of mortgage-backed securities prices. One example of why two similar-sized lenders would be offering different base mortgage rates (before Loan Level Price Adjustments... Read More
The Week Ahead: Housing Conference, Building Permits and Starts, Manufacturing Data, Auction Supply Terms - MBS Commentary
The week ahead brings new data on manufacturing, housing sentiment and construction, industrial production and producer costs. Last week, the Dow shed 350 points and 10-year Treasury yields dipped below 3.70% as a series of weak data points confirmed the economic recovery was slowing down. This week, new data “should allay fears from investors that... Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit
as defined by Section 226.2 of Regulation Z. This is not an offer to
enter into an agreement regarding interest rates. The rates quoted do
not include discount points, origination points, or loan level risk
based price adjustments. Rates and terms are subject to change without
notice.
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