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Mortgage News Daily

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Daily Rate Update: Mortgage Rates Start Strong, but Move Higher in Afternoon
Posted to: Mortgage Rates Update
Wednesday, February 27, 2013 5:40 PM

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Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.58 3.57 0.01%
15 Yr FRM 2.91 2.90 0.01%
FHA 30 Year 3.31 3.30 0.01%
Jumbo 30 Year 3.77 3.77 0.00%
5/1 Yr ARM 3.00 2.99 0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 2/27/13 3:44 PM
Feb 27, 2013 3:48PM

Mortgage Rates Start Strong, But Move Higher In Afternoon

Mortgage rates are unchanged to slightly higher , after beginning the day in slightly better territory vs yesterday and weakening in to the afternoon hours. As is occasionally the case, interest rates took cues from equities markets and the European currency. Both of these advanced, especially in the afternoon, pulling domestic interest rates up with them, which resulted in deterioration for the secondary mortgage market and ultimately widespread revisions to morning rate sheets. Best-execution for...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.43%
  • |
  • 15 Yr FRM 3.49%
  • |
  • Jumbo 30 Year Fixed 4.21%
MBS Prices:
  • 30YR FNMA 4.5 106-30 (0-06)
  • |
  • 30YR FNMA 5.0 109-06 (0-03)
  • |
  • 30YR FNMA 5.5 110-12 (0-01)
Recent Housing Data:
  • Mortgage Apps -3.31%
  • |
  • Refinance Index -3.75%
  • |
  • FHFA Home Price Index 0.67%