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Daily Rate Update: Mortgage Rates Very Slightly Improved Ahead of Employment Report
Posted to: Mortgage Rates Update
Thursday, January 31, 2013 4:53 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.59 3.60 -0.01%
15 Yr FRM 2.91 2.92 -0.01%
FHA 30 Year 3.31 3.32 -0.01%
Jumbo 30 Year 3.79 3.80 -0.01%
5/1 Yr ARM 3.02 3.02 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 1/31/13 3:32 PM
Jan 31, 2013 4:07PM

Mortgage Rates Very Slightly Improved Ahead Of Employment Report

Mortgage rates were very slightly lower in most cases, making for marginal improvements in borrowing costs within the confines of recently higher interest rates. In other words, today's quoted rate is likely the same as yesterday's, depending on the scenario, with a token reduction in closing costs (or increase in lender credit). In many cases, there was no improvement to costs, and a few lenders were slightly higher in cost. 30yr Fixed, Best-Execution remains at 3.625%, though lower rates are still...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.10%
  • |
  • 15 Yr FRM 3.26%
  • |
  • Jumbo 30 Year Fixed 3.98%
MBS Prices:
  • 30YR FNMA 4.5 107-31 (0-01)
  • |
  • 30YR FNMA 5.0 110-02 (-0-05)
  • |
  • 30YR FNMA 5.5 111-06 (0-00)
Recent Housing Data:
  • Mortgage Apps -2.43%
  • |
  • Refinance Index -3.06%
  • |
  • Purchase Index -0.54%