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Daily Rate Update: Mortgage Rates Continue Leveling-Off, Improving Slightly
Posted to: Mortgage Rates Update
Friday, March 15, 2013 4:04 PM

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Average Mortgage Rates
30 Yr FRM 3.67 3.69 -0.02%
15 Yr FRM 2.97 2.98 -0.01%
FHA 30 Year 3.37 3.40 -0.03%
Jumbo 30 Year 3.79 3.80 -0.01%
5/1 Yr ARM 3.01 3.01 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 3/15/13 12:34 PM
Mar 15, 2013 1:38PM

Mortgage Rates Continue Leveling-Off, Improving Slightly

Mortgage rates improved modestly , capping a week that's seen rates either move sideways or slightly lower every day. Today's stability and ultimately, improvements came as the result of uneventful overnight trading and a small surge in "asset allocation" trading out of stocks and into bond markets after stocks opened. General bond market strength benefits MBS, the securities that most directly affect mortgage rates. Weaker-than-expected Consumer Sentiment data continued to keep demand high for less...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.61%
  • |
  • 15 Yr FRM 2.90%
  • |
  • Jumbo 30 Year Fixed 3.59%
MBS Prices:
  • 30YR FNMA 4.5 108-31 (0-01)
  • |
  • 30YR FNMA 5.0 110-24 (-0-01)
  • |
  • 30YR FNMA 5.5 111-26 (-0-04)
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%