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February 19, 2010

Posted to: Mortgage Rates Update
Friday, February 19, 2010 7:04 PM

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Average Mortgage Rates
30 Yr FRM	5.04%	0.03%
15 Yr FRM	4.36%	0.03%
FHA 30 Year	5.25%	0.02%
Jumbo 30 Year	6.51%	0.02%
5/1 Yr ARM	4.32%	0.03%
View Current Mortgage Rates \| Compare Rates	Updated: 2/19/10 1:33 PM

Latest Commentary

Mortgage Rates End Week on Three Day Skid. Fed Rate Hike Not to Blame - Mortgage Rate Watch

Reports from fellow mortgage professionals indicate higher rates this morning. The par 30 year conventional rate mortgage is in the 5.00% to 5.25% range for well qualified consumers. To secure a par rate you must have a FICO credit score of 740 or higher, a loan to value at 80% or less and pay all closing costs including an estimated one point loan... Read More

MBS CLOSE: Respectable Improvement Late In The Day - MBS Commentary

Everything I'm not about to cover has already been covered HERE . That being the case, the day gets a lot more boring and even a touch of positivity by the time it's done. You like shorter MBS Commentary sometimes right? Maybe even some recap bullet-points and a chart or two. Rates either held on to weaker levels following yesterday's news... Read More

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