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Daily Rate Update: Mortgage Rates Return to 2013 Lows

Posted to: Mortgage Rates Update
Monday, January 14, 2013 5:22 PM

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Average Mortgage Rates
	TODAY	YESTERDAY	CHANGE
30 Yr FRM	3.43	3.45	-0.02%
15 Yr FRM	2.78	2.80	-0.02%
FHA 30 Year	3.25	3.25	0.00%
Jumbo 30 Year	3.63	3.65	-0.02%
5/1 Yr ARM	2.99	2.98	0.01%
» View Current Mortgage Rates » Compare Mortgage Rates		Updated: 1/14/13 2:55 PM

Jan 14, 2013 2:56PM

Mortgage Rates Return To 2013 Lows

Mortgage rates improved moderately to begin the week, bringing most lenders back to levels not seen since January 2nd or before. Following the Fiscal Cliff "mini-deal," FOMC Minutes, and Employment Report two weeks ago, rates rose at to their highest levels since before the Fed announced it's most recent buying program for MBS (the "mortgage-backed securities" that most directly influence rates) in mid September. The Best-Execution rate for Conventional 30yr Fixed loans is back down to 3.375% for...

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This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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