September 7, 2010

Average Mortgage Rates
30 Yr FRM 4.35% -0.03%
15 Yr FRM 3.75% -0.02%
FHA 30 Year 4.37% -0.03%
Jumbo 30 Year 5.54% -0.02%
5/1 Yr ARM 3.49% -0.03%
View Current Mortgage Rates | Compare Rates Updated: 9/7/10 4:18 PM

Latest Commentary
Mortgage Rates End Losing Streak But Treasury Auctions Loom - Mortgage Rate Watch
Besides the ups and downs in stock market, mortgage rates will also be motivated by Treasury auctions in the week ahead. Tomorrow the Treasury will auction 10 year notes. On Thursday they will auction 30 year bonds. With the econ calendar basically empty, we feel these government fundraisers will pressure mortgage rates higher in the next two days.... Read More
Rates Retrace Late Week Losses. Lost Rebate Restored - MBS Commentary
You've earned back much of what you lost on Friday, but I would remain defensive of rebate improvements until 10s break 2.645% resistance and stocks confirm the move with a sizable retracement and uptick in volume. 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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