Average Mortgage Rates
30 Yr FRM 3.62 3.64 -0.02%
15 Yr FRM 2.94 2.96 -0.02%
FHA 30 Year 3.34 3.36 -0.02%
Jumbo 30 Year 3.81 3.83 -0.02%
5/1 Yr ARM 3.02 3.04 -0.02%
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Updated: 2/21/13 4:09 PM
Feb 21, 2013 4:09PM

Mortgage Rates Bounce Back Moderately From Recent Highs

Mortgage rates fell slightly today, pulling back in line with recent offerings after rising to their highest levels in 7 months yesterday. Today's improvements can be traced partly to overnight market movements in Europe. This helped US trading begin the day in a positive tone for rates markets and the morning's economic reports generally continued in that vein. Trading levels in the secondary mortgage market remained steady most of the day and despite a few lenders raising costs slightly at the...

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