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Daily Rate Update: Mortgage Rates Relatively Unchanged After Fed Announcement
Posted to: Mortgage Rates Update
Wednesday, October 24, 2012 5:50 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.46 3.44 0.02%
15 Yr FRM 2.82 2.81 0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.86 3.84 0.02%
5/1 Yr ARM 3.00 3.00 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 10/24/12 3:44 PM
Oct 24, 2012 3:50PM

Mortgage Rates Relatively Unchanged After Fed Announcement

Mortgage rates were steady to slightly higher on Wednesday despite a big increase in the amount of economic data and events from the first two days of the week. Although the periodic policy statements released by the FOMC ("The Fed") can have a significant impact on mortgage rates, that was certainly not the case today as markets in general remained largely unchanged after the announcement. The economic reports from the morning hours as well as an auction of 5yr Treasury Notes were similarly underwhelming...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.43%
  • |
  • 15 Yr FRM 3.49%
  • |
  • Jumbo 30 Year Fixed 4.21%
MBS Prices:
  • 30YR FNMA 4.5 106-31 (0-01)
  • |
  • 30YR FNMA 5.0 109-07 (0-00)
  • |
  • 30YR FNMA 5.5 110-12 (-0-01)
Recent Housing Data:
  • Mortgage Apps -3.31%
  • |
  • Refinance Index -3.75%
  • |
  • FHFA Home Price Index 0.67%