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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Mixed Following Employment Report
Posted to: Mortgage Rates Update
Friday, November 02, 2012 3:20 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.45 3.44 0.01%
15 Yr FRM 2.81 2.80 0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.85 3.84 0.01%
5/1 Yr ARM 2.99 3.00 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 11/2/12 2:08 PM
Nov 2, 2012 2:09PM

Mortgage Rates Mixed Following Employment Report

Mortgage rates were slightly higher in some cases but generally held up surprisingly well after today's Employment Situation Report showed a higher-than-expected amount of job creation in October. Trading in the secondary mortgage market was negatively affected at first, but bounced back throughout the day . Many lenders are in line with yesterday's rate sheets. Others moved slightly higher with the morning's first rate sheets and have not yet released a revised rate sheet this afternoon. The result...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.94%
  • |
  • 15 Yr FRM 3.12%
  • |
  • Jumbo 30 Year Fixed 3.88%
MBS Prices:
  • 30YR FNMA 4.5 108-08 (-0-02)
  • |
  • 30YR FNMA 5.0 110-18 (-0-01)
  • |
  • 30YR FNMA 5.5 111-16 (-0-01)
Recent Housing Data:
  • Mortgage Apps 5.62%
  • |
  • Refinance Index 10.63%
  • |
  • FHFA Home Price Index 0.67%