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Daily Rate Update: Mortgage Rates Fall Slightly from Recent Multi-Month Highs
Posted to: Mortgage Rates Update
Wednesday, December 19, 2012 4:37 PM

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Average Mortgage Rates
30 Yr FRM 3.43 3.45 -0.02%
15 Yr FRM 2.77 2.78 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.63 3.66 -0.03%
5/1 Yr ARM 3.02 3.02 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 12/19/12 2:54 PM
Dec 19, 2012 2:55PM

Mortgage Rates Fall Slightly From Recent Multi-Month Highs

The tone of Fiscal Cliff news shifted from comprommisory back to combative today, helping Mortgage rates recover from Tuesday's multi-month highs . Interest rates rose quickly on the first two days of the week as markets sensed that Washington was beginning to come together in order to craft a tax and spending plan to avert the Fiscal Cliff before the end of the year. Conventional 30yr Fixed Best-Execution rates are most commonly 3.375% with some lenders an eighth of a point higher or lower. ( Read...

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Mortgage Rates:
  • 30 Yr FRM 3.67%
  • |
  • 15 Yr FRM 2.95%
  • |
  • Jumbo 30 Year Fixed 3.62%
MBS Prices:
  • 30YR FNMA 4.5 108-28 (0-00)
  • |
  • 30YR FNMA 5.0 110-17 (-0-04)
  • |
  • 30YR FNMA 5.5 111-30 (0-02)
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%