Average Mortgage Rates
30 Yr FRM 3.92 3.89 0.03%
15 Yr FRM 3.37 3.34 0.03%
FHA 30 Year 3.75 3.75 0.00%
Jumbo 30 Year 4.16 4.14 0.02%
5/1 Yr ARM 3.02 3.02 0.00%
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Updated: 1/20/12 2:21 PM
Jan 20, 2012 2:21PM

Mortgages Rates Higher Again and Less Consistent Between Lenders

Mortgage Rates moved higher again today, albeit by a relatively small amount on average. But averages only tell part of the story. We're seeing the same phenomenon of increasingly divergent rates between lenders crop up that we saw when the last major shift down in rates was happening, only this time it isn't so much motivated by a currently shifting market as it is by a POTENTIALLY shifting market The various methodologies for implementing the recently imposed Fannie/Freddie Guaranty Fee Increase...

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