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Daily Rate Update: Mortgage Rates Recover Slightly From Last Week's Rout
Posted to: Mortgage Rates Update
Monday, January 7, 2013 4:35 PM

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Average Mortgage Rates
30 Yr FRM 3.51 3.53 -0.02%
15 Yr FRM 2.85 2.87 -0.02%
FHA 30 Year 3.25 3.26 -0.01%
Jumbo 30 Year 3.71 3.73 -0.02%
5/1 Yr ARM 2.96 2.97 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/7/13 1:35 PM
Jan 7, 2013 2:07PM

Mortgage Rates Recover Slightly From Last Week's Rout

Mortgage rates managed to catch their breath today after rising at the fastest pace since March on from Wednesday through Friday last week. Some lenders offered improved rate sheets on Friday afternoon, while others waited until today to pass along improvements. But in both cases, the bounce back represents only a small portion of the broader losses. Best-Execution for 30yr Fixed, Conventional loans had been firmly planted at 3.25% heading into December, and began to share the stage with 3.375% as...

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More From MND

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%