Average Mortgage Rates
30 Yr FRM 3.56 3.58 -0.02%
15 Yr FRM 2.89 2.91 -0.02%
FHA 30 Year 3.29 3.31 -0.02%
Jumbo 30 Year 3.74 3.76 -0.02%
5/1 Yr ARM 3.00 3.01 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 3/1/13 2:47 PM
Mar 1, 2013 2:48PM

Mortgage Rates Drift Down To One Month Lows

Mortgage rates edged gently lower on Friday , bring to a close their best week since mid-January. The catalyst for the relatively more positive week of rate movement--the Italian election results out Monday morning--had their biggest effect on Monday itself with subsequent days either drifting sideways or improving modestly. With today keeping that trend going, best-execution on 30yr Fixed, Conventional Loans is beginning to edge into 3.5% territory for some lenders but remains most commonly at 3...

More From MND

Video News

Barclays US Investment Head on Washington Chaos

The Week Ahead: February Jobs Report

Santelli Pleads, 'Come on Guys, Work For the Country!'