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Mortgage News Daily

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Daily Rate Update: 4/19/2011
Posted to: Mortgage Rates Update
Tuesday, April 19, 2011 6:25 PM

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Average Mortgage Rates
30 Yr FRM 4.85 4.87 -0.02%
15 Yr FRM 4.15 4.16 -0.01%
FHA 30 Year 4.66 4.69 -0.03%
Jumbo 30 Year 5.48 5.51 -0.03%
5/1 Yr ARM 3.46 3.46 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 4/19/11 6:18 PM
Apr 19, 2011 6:17PM

Mortgage Rates: Borrowing Costs Slightly Better

Home loan borrowing costs improved slightly today, though Best-Execution mortgage rates were unchanged. This extends a rate-watcher friendly trend in the primary mortgage market. Here is a chart illustrating the recent behavior of consumer borrowing costs. In stark contrast to yesterday's volatility, today was a sideways session. In fact, the secondary mortgage market really didn't rally enough to justify improved rate sheets. Instead, the improvements were due to yesterday's rally, which was not...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.96%
  • |
  • Jumbo 30 Year Fixed 3.62%
MBS Prices:
  • 30YR FNMA 4.5 108-28 (0-02)
  • |
  • 30YR FNMA 5.0 110-21 (0-00)
  • |
  • 30YR FNMA 5.5 111-28 (0-03)
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%