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Daily Rate Update: After Starting Steady, Mortgage Rates Move Higher in the Afternoon
Posted to: Mortgage Rates Update
Tuesday, November 20, 2012 5:39 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.41 3.43 -0.02%
15 Yr FRM 2.77 2.78 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.61 3.63 -0.02%
5/1 Yr ARM 3.00 3.01 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 11/20/12 2:13 PM
Nov 20, 2012 3:38PM

After Starting Steady, Mortgage Rates Move Higher In The Afternoon

Mortgage rates started out the day mixed but mostly lower as lenders passed along market improvements from late in yesterday's session. Mid-morning headlines about a potential ceasefire in the Middle East along with news that Eurozone finance ministers were making progress on releasing bailout funds to Greece both served to send interest rates higher in financial markets. The market volatility ultimately prompted several lenders to release negatively revised rate sheets, making for a net increase...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.43%
  • |
  • 15 Yr FRM 3.49%
  • |
  • Jumbo 30 Year Fixed 4.21%
MBS Prices:
  • 30YR FNMA 4.5 106-30 (0-06)
  • |
  • 30YR FNMA 5.0 109-07 (0-04)
  • |
  • 30YR FNMA 5.5 110-13 (0-02)
Recent Housing Data:
  • Mortgage Apps -3.31%
  • |
  • Refinance Index -3.75%
  • |
  • FHFA Home Price Index 0.67%