Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.43 3.38 0.05%
15 Yr FRM 2.78 2.75 0.03%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.84 3.78 0.06%
5/1 Yr ARM 2.99 2.99 0.00%
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Updated: 11/14/12 1:25 PM
Nov 14, 2012 2:30PM

Mortgage Rates Noticably Higher Despite Stable Treasury Yields

Mortgage rates moved higher at a quicker pace today despite the fact that US Treasury yields were unchanged to slightly improved. In some cases, Best-Execution moves up from 3.25% to 3.375% but most borrowers will see today's change in the form of increased COSTS as opposed to increased rates themselves. ( Read More:What is A Best-Execution Mortgage Rate? ) We've discussed the relationship between Treasuries and mortgage rates in the past, albeit in a different context, HERE . To summarize, although...

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