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Daily Rate Update: Mortgage Rates Eke Out Minor Improvements After Late-Day Reversal
Posted to: Mortgage Rates Update
Friday, January 11, 2013 4:41 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.45 3.46 -0.01%
15 Yr FRM 2.80 2.81 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.65 3.67 -0.02%
5/1 Yr ARM 2.98 2.98 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/11/13 3:22 PM
Jan 11, 2013 3:25PM

Mortgage Rates Eke Out Minor Improvements After Late-Day Reversal

Mortgage rates were essentially unchanged Today. On average, rates were slightly higher to begin the day, but an afternoon reversal in bond markets was sufficiently strong to prompt many lenders to release positively revised rate sheets. That tipped the scales back toward a slight improvement on the day with Best-Execution for 30yr Fixed, Conventional loans continuing to hold in the 3.375% to 3.5% range. ( Read More:What is A Best-Execution Mortgage Rate? ) With respect to rate sheet offerings from...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.89%
  • |
  • 15 Yr FRM 3.11%
  • |
  • Jumbo 30 Year Fixed 3.73%
MBS Prices:
  • 30YR FNMA 4.5 108-18 (-0-03)
  • |
  • 30YR FNMA 5.0 110-27 (-0-02)
  • |
  • 30YR FNMA 5.5 111-29 (-0-01)
Recent Housing Data:
  • Mortgage Apps 4.93%
  • |
  • Refinance Index 0.90%
  • |
  • FHFA Home Price Index 0.67%