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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Continue Steady March Higher
Posted to: Mortgage Rates Update
Thursday, October 18, 2012 5:13 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.49 3.45 0.04%
15 Yr FRM 2.83 2.79 0.04%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.88 3.85 0.03%
5/1 Yr ARM 3.00 3.01 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 10/18/12 2:29 PM
Oct 18, 2012 2:29PM

Mortgage Rates Continue Steady March Higher

Mortgage rates have been higher every day this week , with Thursday's losses matching the pace of the past few sessions. The overall difference in trading levels of the securities that underlie the mortgage market is fairly minimal, but because bond markets began the day moving into better territory, the afternoon weakness was fairly abrupt. Best-Execution recently moved up to 3.375% from a brief stay at 3.25% and are already close to 3.5% again, a level not seen consistently in more than a month...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.96%
  • |
  • 15 Yr FRM 3.16%
  • |
  • Jumbo 30 Year Fixed 3.81%
MBS Prices:
  • 30YR FNMA 4.5 108-22 (0-02)
  • |
  • 30YR FNMA 5.0 110-30 (0-03)
  • |
  • 30YR FNMA 5.5 111-29 (0-02)
Recent Housing Data:
  • Mortgage Apps 4.93%
  • |
  • Refinance Index 0.90%
  • |
  • FHFA Home Price Index 0.67%