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Mortgage News Daily

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Daily Update: Market Weakness Threatens All-Time Low Mortgage Rates
Posted to: Mortgage Rates Update
Thursday, January 19, 2012 4:50 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.89 3.85 0.04%
15 Yr FRM 3.34 3.30 0.04%
FHA 30 Year 3.75 3.75 0.00%
Jumbo 30 Year 4.14 4.08 0.06%
5/1 Yr ARM 3.02 3.00 0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/19/12 3:40 PM
Jan 19, 2012 3:41PM

Market Weakness Threatens All-Time Low Mortgage Rates

Mortgage Rates worsened at a reasonably brisk pace today when compared with recent relative stability. Still, the movement remains confined to costs associated with as yet, unchanged Best-Execution Rates. That means that 3.875% is still the average "best-case-scenario and best bang-for-the-buck" rate among most lenders rounded to the nearest eighth. 3.75% had been increasingly attractive last week, but has all but faded from view after lenders released rates weaker this morning. Several lenders recalled...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.82%
  • |
  • 15 Yr FRM 3.09%
  • |
  • Jumbo 30 Year Fixed 4.12%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (0-02)
  • |
  • 30YR FNMA 5.0 108-10 (0-02)
  • |
  • 30YR FNMA 5.5 109-01 (0-02)
Recent Housing Data:
  • Mortgage Apps 9.18%
  • |
  • Refinance Index 12.97%
  • |
  • Purchase Index -2.38%
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