August 19, 2010
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.36% | -0.03% |
| 15 Yr FRM | 3.75% | -0.03% |
| FHA 30 Year | 4.42% | -0.03% |
| Jumbo 30 Year | 5.61% | -0.02% |
| 5/1 Yr ARM | 3.43% | -0.03% |
| View Current Mortgage Rates | Compare Rates | Updated: 8/19/10 5:56 PM | |
Latest Commentary
Mortgage Rates End Losing Streak After Reprices for Better - Mortgage Rate Watch
After reprices, rate sheets are improved vs. offers yesterday. The best execution par interest rate remains in the 4.25% to 4.50% range for well qualified consumers. If you are seeking a 15 year term, you should expect a par rate in the 3.75% to 4.00% range. We still feel rates will rise in the day's ahead. If you are closing within the next 15... Read More
MBS Catch Bid After Weak Econ Data. Buyers Back to Soak Up Supply Surplus - MBS Commentary
Econ data surprised to the downside, stocks are selling through support levels, Treasury longs are reaffirming a "buy on the dips" bias, and rate sheet influential mortgage-backs are finally catching a bid. Phew. After four straight days of selling, buyers have returned to the MBS market to soak up the surplus of inventory that was recently... 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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