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Daily Rate Update: Mortgage Rates Recover Yesterday's Losses, Back in Line with Monday
Posted to: Mortgage Rates Update
Wednesday, February 6, 2013 5:23 PM

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Average Mortgage Rates
30 Yr FRM 3.57 3.61 -0.04%
15 Yr FRM 2.90 2.93 -0.03%
FHA 30 Year 3.30 3.33 -0.03%
Jumbo 30 Year 3.76 3.80 -0.04%
5/1 Yr ARM 3.01 3.03 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 2/6/13 2:21 PM
Feb 6, 2013 3:32PM

Mortgage Rates Recover Yesterday's Losses, Back In Line With Monday

Mortgage rates did a complete 180, for the second straight session. This reverses yesterday's rise in borrowing costs, taking them back in line with Monday's more palatable offerings in most cases. While some lenders are slightly better or worse than Monday, the average rate sheet continues to hover around the 3.625% Best-Execution level for 30yr Fixed, Conventional loans. That means that for all the volatility we've seen--and considering the somewhat dramatically worded "180" degree turns, the swings...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.63%
  • |
  • 15 Yr FRM 2.92%
  • |
  • Jumbo 30 Year Fixed 3.60%
MBS Prices:
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%