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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Bounce Back to Begin the Week
Posted to: Mortgage Rates Update
Monday, February 04, 2013 5:29 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.57 3.60 -0.03%
15 Yr FRM 2.90 2.92 -0.02%
FHA 30 Year 3.30 3.32 -0.02%
Jumbo 30 Year 3.77 3.80 -0.03%
5/1 Yr ARM 3.01 3.03 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 2/4/13 4:10 PM
Feb 4, 2013 4:11PM

Mortgage Rates Bounce Back To Begin The Week

Mortgage rates regained a good amount of lost ground today as most lenders' rate sheets were in line with or better than last week's rates. The overall movement wasn't enough to justify a shift back to 3.5% Best-Execution from the recently more prevalent 3.625%, but it's a step in that direction. The differences in rates would be more noticeable in terms of the closing COSTS or lender credit as opposed to the rates themselves. ( What is A Best-Execution Mortgage Rate? ) Bond markets were fairly calm...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.13%
  • |
  • 15 Yr FRM 3.28%
  • |
  • Jumbo 30 Year Fixed 4.01%
MBS Prices:
  • 30YR FNMA 4.5 107-30 (-0-01)
  • |
  • 30YR FNMA 5.0 110-09 (0-07)
  • |
  • 30YR FNMA 5.5 111-07 (0-01)
Recent Housing Data:
  • Mortgage Apps -2.68%
  • |
  • Refinance Index -3.98%
  • |
  • FHFA Home Price Index 0.67%