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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
	TODAY	YESTERDAY	CHANGE
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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