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Daily Update: Mortgage Rates Slightly Higher Despite Bond Market Improvements

Posted to: Mortgage Rates Update
Tuesday, January 31, 2012 5:59 PM

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Average Mortgage Rates
	TODAY	YESTERDAY	CHANGE
30 Yr FRM	3.84	3.81	0.03%
15 Yr FRM	3.24	3.23	0.01%
FHA 30 Year	3.75	3.75	0.00%
Jumbo 30 Year	4.07	4.04	0.03%
5/1 Yr ARM	3.02	3.04	-0.02%
» View Current Mortgage Rates » Compare Mortgage Rates		Updated: 1/31/12 2:32 PM

Jan 31, 2012 2:33PM

Mortgage Rates Slightly Higher Despite Bond Market Improvements

After setting new record lows yesterday, Mortgages Rates rose slightly today, though 3.875% best-execution remains intact. Rather than affect the prevailing rates being quoted, today's weakness is most likely to be seen in the form of slightly higher borrowing/closing costs for the same rates quoted yesterday (learn more about how we calculate Best-Execution in THIS POST ). The increases run counter to today's market movements as well. Treasury yields are lower again today, and MBS (the "mortgage...

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