Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.61 3.57 0.04%
15 Yr FRM 2.93 2.90 0.03%
FHA 30 Year 3.33 3.30 0.03%
Jumbo 30 Year 3.80 3.77 0.03%
5/1 Yr ARM 3.03 3.01 0.02%
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» Compare Mortgage Rates		 Updated: 2/5/13 1:53 PM
Feb 5, 2013 2:15PM

Abrupt Reversal For Markets Leaves Rates At Recent Highs

Mortgage rates did a complete 180, reversing yesterday's improvement , and taking rates back in line with recent highs. That sounds fairly ominous, and in the sense that further weakness would mean new multi-month highs, it is. But less ominous is the fact that rates continue to operate in a narrow range where the only major day to day changes have been seen on the COST side of the equation. There's further explanation in our daily link to "best-execution" rates, but the other side of the equation...

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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.