Average Mortgage Rates
30 Yr FRM 3.39 3.40 -0.01%
15 Yr FRM 2.76 2.77 -0.01%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.60 3.63 -0.03%
5/1 Yr ARM 3.01 3.00 0.01%
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Updated: 11/26/12 2:10 PM
Nov 26, 2012 3:23PM

Mortgage Rates Vary By Lender, Moderately Lower On Average

Mortgage rates once again saw a greater-than-normal degree of stratification between lenders, meaning that some of them offered lower rates today while others moved their rate sheets higher. This is partly due to the relative mess that the Thanksgiving holiday makes of US markets every year. Because Friday was only a half day (for markets, officially) and because Thursday is a full market closure, many lenders simply choose to stay closed on Friday and thus, do not put out rate sheets. Those that...

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