Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.47 3.38 0.09%
15 Yr FRM 2.81 2.75 0.06%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.88 3.78 0.10%
5/1 Yr ARM 3.00 3.00 0.00%
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» Compare Mortgage Rates		 Updated: 11/6/12 3:59 PM
Nov 6, 2012 4:06PM

Mortgage Rates Sharply Higher Amid Election Day Jitters

Mortgage rates began the day only moderately worse off than yesterday's latest offerings, but rose sharply throughout the day . In the late morning and early afternoon, bond market conditions deteriorated rapidly, resulting in most lenders recalling rate sheets to revise rates and fees higher at least once. Several lenders recalled rate sheets twice as markets trading in the secondary mortgage market continued to struggle. At first glance, it's fair to assume that the volatility is related to today...

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© 2012 Brown House Media, Inc. All rights reserved.
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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.