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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
	TODAY	YESTERDAY	CHANGE
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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