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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Move Higher After Strong Employment Data
Posted to: Mortgage Rates Update
Thursday, January 24, 2013 4:33 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.48 3.46 0.02%
15 Yr FRM 2.81 2.80 0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.68 3.66 0.02%
5/1 Yr ARM 2.99 2.98 0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/24/13 3:09 PM
Jan 24, 2013 3:27PM

Mortgage Rates Move Higher After Strong Employment Data

Mortgage rates bounced back from a few days of moderate improvements today. Lenders typically don't release their first rate sheets of the day until a few hours of the trading session have passed. If rates sheets would have arrived before this morning's economic data, rates likely would have logged slight incremental improvements. But today's Jobless Claims report showed far fewer Americans filed for unemployment benefits this week, sending bond markets into weaker territory before most lenders issued...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.99%
  • |
  • 15 Yr FRM 3.16%
  • |
  • Jumbo 30 Year Fixed 3.91%
MBS Prices:
  • 30YR FNMA 4.5 108-11 (0-04)
  • |
  • 30YR FNMA 5.0 110-22 (0-03)
  • |
  • 30YR FNMA 5.5 111-22 (0-02)
Recent Housing Data:
  • Mortgage Apps 11.56%
  • |
  • Refinance Index 23.29%
  • |
  • FHFA Home Price Index 0.67%