Average Mortgage Rates
30 Yr FRM 4.63% -0.02%
15 Yr FRM 4.03% -0.03%
FHA 30 Year 4.65% -0.02%
Jumbo 30 Year 6.04% -0.04%
5/1 Yr ARM 3.66% -0.02%
View Current Mortgage Rates | Compare Rates Updated: 7/28/10 6:48 PM

Latest Commentary
Can Mortgage Rates Go Any Lower? - Mortgage Rate Watch
I suppose the first step of this scenario coming true is the "double-dip". Some folks say the deflationary spiral has already taken hold, others say we're dealing with a crisis of confidence and the underlying economy is strong. Working in the housing market I am exposed to excess amounts of negativity, but I also see evidence of a bottom... Read More
MBS Prices Hit New Record High After 5-Year Note Auction - MBS Commentary
Front-month TBA levels set yet another new record high this morning and yield spreads continued to tighten vs. benchmarks. While the street more than likely sees the current coupon in the +55/10s range, my weighting on the 4.0 has the current coupon closer to +68/10s. No matter how you slice it, mortgage valuations are rich, and everyone still wants... 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.