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Daily Rate Update: Mortgage Rates End Week at Best Levels, but Risks Persist
Posted to: Mortgage Rates Update
Friday, December 28, 2012 4:24 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.39 3.40 -0.01%
15 Yr FRM 2.75 2.75 0.00%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.59 3.60 -0.01%
5/1 Yr ARM 3.00 3.00 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 12/28/12 2:55 PM
Dec 28, 2012 2:55PM

Mortgage Rates End Week At Best Levels, But Risks Persist

Mortgage rates continued a moderate trend of improvement from mid-week, bringing rates to their best levels of the week on Friday. All of the recent day-over-day changes in rates have taken place on quite a small scale historically as broader markets stay exceptionally contained ahead of the Fiscal Cliff deadline. Conventional 30yr Fixed Best-Execution rates are still widely viable at 3.375%, but 3 days of minor improvements brings 3.25% increasingly back into view. ( Read More:What is A Best-Execution...

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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%