August 25, 2010

Average Mortgage Rates
30 Yr FRM 4.32% 0.01%
15 Yr FRM 3.73% -0.01%
FHA 30 Year 4.39% -0.01%
Jumbo 30 Year 5.56% -0.02%
5/1 Yr ARM 3.45% 0.00%
View Current Mortgage Rates | Compare Rates Updated: 8/25/10 5:29 PM

Latest Commentary
Mortgage Rates Mixed After Scattered Lender Reprices - Mortgage Rate Watch
Much like yesterday, mortgage rates rallied early this morning following weak housing data. Much like yesterday, mortgage rates came under pressure in the lunch hours today as mortgage-backed securities prices fell from intraday highs. Much UNLIKE yesterday, mortgage rates never recovered from that weakness heading into the market close today. The bad... Read More
Indirect Bidders Support 5-Year Note Auction. MBS Off Price Highs. Reprices Possible - MBS Commentary
FNCL 4.0s just fell from new record high prices, led by profit taking in the long end of the yield curve and localized weakness in the belly. With "rate sheet influential" MBS prices falling from session highs, reprices for the worse are possible. 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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