Average Mortgage Rates
30 Yr FRM 4.94% -0.02%
15 Yr FRM 4.29% -0.02%
FHA 30 Year 5.12% -0.03%
Jumbo 30 Year 6.47% -0.01%
5/1 Yr ARM 4.14% -0.02%
View Current Mortgage Rates | Compare Rates Updated: 3/16/10 5:09 PM

Latest Commentary
How Did the FOMC Meeting Affect Mortgage Rates? - Mortgage Rate Watch
The Federal Open Market Committee (FOMC) met for a one day meeting today. Usually they meet for two. At 2:15, the FOMC released their statement on monetary policy. The statement was very similar to the FOMC statement released after the January meeting. They reiterated the need for low rates for an "extended time" and that inflation is not... Read More
Reprices for the Better Reported as MBS Hit Intraday Price Highs - MBS Commentary
Bottom line, arguments were a bit skewed in favor of floating yesterday, whereas they are more balanced today. However, this factors in some trending weakness in MBS spreads which, if absent, would allow for some ongoing bullishness. Sorry for that uncertainty, but if anyone knows where spreads are going and when, please let everyone else know...... Read More

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This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments.  Rates and terms are subject to change without notice.