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Daily Rate Update: Mortgage Rates Move Higher but Remain Within Recent Range
Posted to: Mortgage Rates Update
Monday, November 19, 2012 5:24 PM

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Average Mortgage Rates
30 Yr FRM 3.43 3.37 0.06%
15 Yr FRM 2.78 2.75 0.03%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.63 3.57 0.06%
5/1 Yr ARM 3.01 2.99 0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 11/19/12 2:00 PM
Nov 19, 2012 2:20PM

Mortgage Rates Move Higher But Remain Within Recent Range

Mortgage rates were higher to start the holiday-shortened week . Despite the deterioration, rates remain broadly consistent with a range that's been in effect for over a month. That range has seen few instances of deviation from 3.375% as a best-execution rate though some of the stronger days allow for certain scenarios at certain lenders to be competitively priced at 3.25%. Today's weakness means that 3.375% is the most prevalent Best-Execution rate for 30yr Fixed, Conventional Loans. ( Read More...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.63%
  • |
  • 15 Yr FRM 2.92%
  • |
  • Jumbo 30 Year Fixed 3.60%
MBS Prices:
  • 30YR FNMA 4.5 108-30 (-0-02)
  • |
  • 30YR FNMA 5.0 110-22 (0-03)
  • |
  • 30YR FNMA 5.5 111-26 (-0-02)
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%