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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Moderately Improved to Begin the Week
Posted to: Mortgage Rates Update
Monday, February 11, 2013 5:31 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.58 3.60 -0.02%
15 Yr FRM 2.91 2.92 -0.01%
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: 2/11/13 3:18 PM
Feb 11, 2013 3:18PM

Mortgage Rates Moderately Improved To Begin The Week

Mortgage rates backed down from recent highs to begin the week, with moderate improvements to the costs associated with prevailing rates. This means that the movement between Friday and today isn't enough to change the actual interest rates you're likely to be quoted, but in most cases, lenders are either charging less for that rate or are able to cover additional closing costs. Best-Execution for 30yr Fixed, Conventional Loans remains at 3.625%. Costs were close to their recent highs on Friday and...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.16%
  • |
  • 15 Yr FRM 3.29%
  • |
  • Jumbo 30 Year Fixed 4.00%
MBS Prices:
  • 30YR FNMA 4.5 107-24 (-0-05)
  • |
  • 30YR FNMA 5.0 110-06 (-0-03)
  • |
  • 30YR FNMA 5.5 111-01 (-0-03)
Recent Housing Data:
  • Mortgage Apps 2.43%
  • |
  • Refinance Index 4.14%
  • |
  • FHFA Home Price Index 0.67%