Average Mortgage Rates
30 Yr FRM 3.58 3.57 0.01%
15 Yr FRM 2.91 2.90 0.01%
FHA 30 Year 3.31 3.30 0.01%
Jumbo 30 Year 3.77 3.77 0.00%
5/1 Yr ARM 3.00 2.99 0.01%
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Updated: 2/27/13 3:44 PM
Feb 27, 2013 3:48PM

Mortgage Rates Start Strong, But Move Higher In Afternoon

Mortgage rates are unchanged to slightly higher , after beginning the day in slightly better territory vs yesterday and weakening in to the afternoon hours. As is occasionally the case, interest rates took cues from equities markets and the European currency. Both of these advanced, especially in the afternoon, pulling domestic interest rates up with them, which resulted in deterioration for the secondary mortgage market and ultimately widespread revisions to morning rate sheets. Best-execution for...

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