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Daily Rate Update: Mortgage Rates Hold Mostly Steady Ahead Of Employment Report

Posted to: Mortgage Rates Update
Thursday, November 01, 2012 5:29 PM

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Average Mortgage Rates
	TODAY	YESTERDAY	CHANGE
30 Yr FRM	3.44	3.43	0.01%
15 Yr FRM	2.80	2.80	0.00%
FHA 30 Year	3.25	3.25	0.00%
Jumbo 30 Year	3.84	3.83	0.01%
5/1 Yr ARM	3.00	3.01	-0.01%
» View Current Mortgage Rates » Compare Mortgage Rates		Updated: 11/1/12 1:17 PM

Nov 1, 2012 3:07PM

Mortgage Rates Hold Mostly Steady Ahead Of Employment Report

Mortgage rates were significantly more unified in their movement on Thursday. Actually, "lack of movement " would be a better characterization as most lenders are so close to yesterday's offerings as to be more appropriately considered "unchanged." Naturally then, Best-Execution remains steady at 3.375% though some borrowers would be better served at 3.25% or 3.5% depending on the lender and scenario ( Read More:What is A Best-Execution Mortgage Rate? ). As we often note, Mortgage-Backed-Securities...

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