September 1, 2010

Average Mortgage Rates
30 Yr FRM 4.33% 0.03%
15 Yr FRM 3.75% 0.04%
FHA 30 Year 4.37% 0.02%
Jumbo 30 Year 5.53% 0.03%
5/1 Yr ARM 3.49% 0.03%
View Current Mortgage Rates | Compare Rates Updated: 9/1/10 5:33 PM

Latest Commentary
New Mortgage Rate Lows Lost as Stocks Rally and Bonds Correct - Mortgage Rate Watch
After weeks of stagnation, stocks finally took their turn in the spotlight today. As money moved out of the bond market and into equities, mortgage-backed security prices fell and lenders were forced to reprice for the worse. Consequently, consumer borrowing costs are higher than they were yesterday afternoon. The damage was not overly dramatic though... Read More
Bond Market Suffers as Investors Reallocate Funds into Riskier Assets - MBS Commentary
Stocks are rallying and the bond market is taking a beating after a much better than expected read on the manufacturing sector. 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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