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Daily Rate Update: Mortgage Rates Higher Again Ahead Of High Risk Events

Posted to: Mortgage Rates Update
Wednesday, October 17, 2012 5:37 PM

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Average Mortgage Rates
	TODAY	YESTERDAY	CHANGE
30 Yr FRM	3.45	3.42	0.03%
15 Yr FRM	2.79	2.77	0.02%
FHA 30 Year	3.25	3.25	0.00%
Jumbo 30 Year	3.85	3.82	0.03%
5/1 Yr ARM	3.01	3.03	-0.02%
» View Current Mortgage Rates » Compare Mortgage Rates		Updated: 10/17/12 2:01 PM

Oct 17, 2012 2:09PM

Mortgage Rates Higher Again Ahead Of High Risk Events

Mortgage rates moved higher for the third straight day on Wednesday as markets gear up for important data and events on Thursday. Interest rates in the broader bond markets moved higher overnight on various headlines out of Europe and the pressure on rates continued into the domestic session thanks to a better-than-expected Housing Starts report. Best-Execution has already moved up to 3.375% easily and for some lenders, is pushing 3.5%. ( Read More:What is A Best-Execution Mortgage Rate? ) Even though...

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