Average Mortgage Rates
30 Yr FRM 3.69 3.70 -0.01%
15 Yr FRM 2.99 3.00 -0.01%
FHA 30 Year 3.40 3.41 -0.01%
Jumbo 30 Year 3.81 3.82 -0.01%
5/1 Yr ARM 3.01 3.02 -0.01%
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Updated: 3/12/13 3:23 PM
Mar 12, 2013 3:25PM

Mortgage Rates Struggle To Improve Despite Bond Market Strength

Mortgage rates are mixed to lower today, but some lenders are still in worse shape than yesterday afternoon's latest offerings. This stratification around unchanged levels belies the day-over-day changes in bond markets, including the mortgage-backed-securities (MBS) that most directly influence mortgage rates. That said, a few lenders did release positively revised rate sheets in the afternoon after a day of steady improvement in MBS. Best-Execution is still at 3.75% with 3.625% still viable for...

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