Average Mortgage Rates
30 Yr FRM 3.38 3.37 0.01%
15 Yr FRM 2.75 2.75 0.00%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.58 3.57 0.01%
5/1 Yr ARM 3.01 3.01 0.00%
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Updated: 12/11/12 2:00 PM
Dec 11, 2012 2:00PM

Mortgage Rates Unchanged To Slightly Higher Before Fed Announcement

Mortgage rates are little changed from Monday. Some lenders' rate sheets are slightly improved versus yesterday's, but a majority offered just slightly weaker rates. Today's political and economic events in the US were of little consequence to bond markets, including the secondary mortgage market. Instead, interest rates were broadly higher right out of the gate due to overnight pressure from positive developments in Europe. That said, and to reiterate, the overall movement was quite small and markets...

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