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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Snap Two Day Losing Streak
Posted to: Mortgage Rates Update
Thursday, November 15, 2012 4:47 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.42 3.43 -0.01%
15 Yr FRM 2.77 2.78 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.82 3.84 -0.02%
5/1 Yr ARM 2.99 2.99 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 11/15/12 1:22 PM
Nov 15, 2012 3:00PM

Mortgage Rates Snap Two Day Losing Streak

Mortgage rates put an end to two days of weakness , but for most lenders, rates were only moderately improved on Thursday. Weak economic data helped push interest rates and stock prices lower on Wall Street today, but Treasuries and Mortgages started the session in worse shape than yesterday. Consequently, the improving market conditions in the Secondary Mortgage Market only resulted in minor improvements on the COST side of the Best-Execution equation , whereas Best-Ex rates themselves remained...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.44%
  • |
  • 15 Yr FRM 3.49%
  • |
  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 106-21 (-0-12)
  • |
  • 30YR FNMA 5.0 109-02 (-0-06)
  • |
  • 30YR FNMA 5.5 110-07 (-0-07)
Recent Housing Data:
  • Mortgage Apps 4.30%
  • |
  • Refinance Index 6.92%
  • |
  • FHFA Home Price Index 0.67%