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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Steady or Lower for Seventh Straight Day
Posted to: Mortgage Rates Update
Tuesday, January 15, 2013 5:11 PM

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Average Mortgage Rates
30 Yr FRM 3.42 3.43 -0.01%
15 Yr FRM 2.77 2.78 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.62 3.63 -0.01%
5/1 Yr ARM 2.98 2.99 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/15/13 2:33 PM
Jan 15, 2013 3:27PM

Mortgage Rates Steady Or Lower For Seventh Straight Day

Mortgage rates improved slightly on Tuesday, extending their recent streak of improvements to 7 days. Last Thursday was the only one in that series that didn't see clearcut improvements, but on average, lenders' rate offerings were roughly unchanged. So we'll count it! Today's gains were fairly tame with Best-Execution for Conventional 30yr Fixed loans remaining at 3.375% for most lenders and only slightly decreased borrowing costs. ( Read More:What is A Best-Execution Mortgage Rate? ) The calm movements...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.66%
  • |
  • 15 Yr FRM 2.94%
  • |
  • Jumbo 30 Year Fixed 3.61%
MBS Prices:
  • 30YR FNMA 4.5 108-30 (0-02)
  • |
  • 30YR FNMA 5.0 110-19 (0-02)
  • |
  • 30YR FNMA 5.5 111-26 (-0-04)
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%