August 24, 2010
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.31% | -0.02% |
| 15 Yr FRM | 3.74% | -0.01% |
| FHA 30 Year | 4.40% | -0.01% |
| Jumbo 30 Year | 5.58% | -0.01% |
| 5/1 Yr ARM | 3.45% | -0.01% |
| View Current Mortgage Rates | Compare Rates | Updated: 8/24/10 5:19 PM | |
Latest Commentary
Mortgage Rates Rally on Weak Economic Data - Mortgage Rate Watch
The bond market must've seen this coming because interest rates were already in full on rally mode before the data was released. Although the 10 year Treasury note yield fell a few more basis points after the data flashed, the post release reaction was minimal. In fact, as the day progressed benchmark yields moved higher, which put pressure on... Read More
Data Flash: July Existing Home Sales -27.2%. Much Worse than Expected - MBS Commentary
US JULY EXISTING HOME SALES 3.83 MLN UNIT ANNUAL RATE (CONS 4.70 MLN) VS JUNE 5.26 MLN (PRV 5.37)-NAR 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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