Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.50 3.43 0.07%
15 Yr FRM 2.83 2.78 0.05%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.70 3.63 0.07%
5/1 Yr ARM 3.02 2.99 0.03%
» View Current Mortgage Rates
» Compare Mortgage Rates		 Updated: 1/17/13 3:57 PM
Jan 17, 2013 4:00PM

Mortgage Rates Sharply Higher, Erasing Most Of The Recent Recovery

Mortgage rates shot higher on Thursday matching the quickest pace of the past several months seen at the beginning of January. Although rates didn't make it quite as high in absolute terms, much of the recent recovery was erased. In other words, we're now closer to early January's levels than we are to yesterday's levels. The move was more than sufficient to bump Best-Execution for Conventional 30yr Fixed Loans up to 3.5% from the previous 3.375%. Some borrowers may still have the same rate today...

More From MND

Video News

Fisher Says Fed Constantly Reassessing Stimulus

Debt Ceiling: Real Tragedy or Soap Opera?

Santelli: You Can't Pay As You Go
Follow Rates Daily On:
RSS
Twitter
Facebook
Mobile Apps

Forward

Know someone who might be interested in this email? Forward it.

Subscribe

Would you like to receive our Daily Rate Update by Email? Subscribe Now.

© 2013 Brown House Media, Inc. All rights reserved.
Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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.