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30 Yr FRM 3.59 3.63 -0.04%
15 Yr FRM 2.92 2.95 -0.03%
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5/1 Yr ARM 2.99 3.03 -0.04%
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» Compare Mortgage Rates		 Updated: 2/25/13 4:05 PM
Feb 25, 2013 4:26PM

Mortgage Rates Drop At Fastest Pace In Three Weeks After Italian Elections

Mortgage rates moved lower today by the widest margin in over three weeks. The faster-paced movement is courtesy of political tensions in Italy surrounding the country's elections over the past two days. Markets had expected a Bersani victory, which would be as close to a status quo as possible and seen as best for European stability. Instead, Berlusconi may have won control of at least half of the Italian parliament. Markets perceive this as a negative development for EU stability, and such negative...

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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.