Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.58 3.61 -0.03%
15 Yr FRM 2.91 2.93 -0.02%
FHA 30 Year 3.30 3.33 -0.03%
Jumbo 30 Year 3.79 3.80 -0.01%
5/1 Yr ARM 3.02 3.04 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates		 Updated: 1/29/13 4:45 PM
Jan 29, 2013 4:37PM

Mortgage Rates Start Stronger, Fade By End Of Day

Mortgage rates began the day much improved compared to Monday's latest offerings, but the gains mostly evaporated by the end of the session. The mortgage-backed-securities (MBS) that most directly affect rates, had been steadily improving since sustaining major damage from Friday through Monday morning. Those improvements carried through to this morning's rate sheet print times, but trading levels began to deteriorate shortly thereafter. Stock prices and Treasury yields rose. MBS fell (falling prices...

More From MND

Video News

Santelli's Midday Bond Report

Fed Survey: When Will QE End?

`More Order' Back in U.S. Housing, Karl Case Says
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.