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Daily Rate Update: Mortgage Rates Sideways to Slightly Higher
Posted to: Mortgage Rates Update
Thursday, February 7, 2013 4:44 PM

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Average Mortgage Rates
30 Yr FRM 3.57 3.57 0.00%
15 Yr FRM 2.90 2.90 0.00%
FHA 30 Year 3.29 3.30 -0.01%
Jumbo 30 Year 3.77 3.76 0.01%
5/1 Yr ARM 3.02 3.01 0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 2/7/13 1:47 PM
Feb 7, 2013 3:42PM

Mortgage Rates Sideways To Slightly Higher

Mortgage rates began the day in decent territory, with most lenders unchanged to slightly lower in cost vs yesterday. Trading in Mortgage-backed-securities, which had already pulled back from their better levels late in the morning, took a sharper turn for the worse in the afternoon, prompting several lenders to recall rate sheets for a negative reprice. While the changes don't impact the prevailing best-execution rate of 3.625%, they do make for slightly higher borrowing costs on average. That said...

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Mortgage Rates:
  • 30 Yr FRM 3.67%
  • |
  • 15 Yr FRM 2.95%
  • |
  • Jumbo 30 Year Fixed 3.62%
MBS Prices:
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%