Average Mortgage Rates
TODAYYESTERDAYCHANGE
30 Yr FRM 3.57 3.57 0.00%
15 Yr FRM 2.90 2.90 0.00%
FHA 30 Year 3.29 3.30 -0.01%
Jumbo 30 Year 3.77 3.76 0.01%
5/1 Yr ARM 3.02 3.01 0.01%
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» Compare Mortgage Rates		 Updated: 2/7/13 1:47 PM
Feb 7, 2013 3:42PM

Mortgage Rates Sideways To Slightly Higher

Mortgage rates began the day in decent territory, with most lenders unchanged to slightly lower in cost vs yesterday. Trading in Mortgage-backed-securities, which had already pulled back from their better levels late in the morning, took a sharper turn for the worse in the afternoon, prompting several lenders to recall rate sheets for a negative reprice. While the changes don't impact the prevailing best-execution rate of 3.625%, they do make for slightly higher borrowing costs on average. That said...

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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.