Average Mortgage Rates
30 Yr FRM 3.60 3.64 -0.04%
15 Yr FRM 2.93 2.96 -0.03%
FHA 30 Year 3.31 3.35 -0.04%
Jumbo 30 Year 3.70 3.74 -0.04%
5/1 Yr ARM 3.01 3.00 0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 3/27/13 4:13 PM
Mar 27, 2013 4:13PM

Mortgage Rates Break Cyprus Slide, Move to 2-Week Lows

Mortgage rates moved lower today at their fastest pace in more than a week, bringing them in line with their lowest levels since last week's Cyprus-related market movement. Lender pricing strategies continue to be varied and some lenders didn't improve nearly as much as the average. That said, it was enough to clearly tip the scales in favor of 3.625% as a prevailing Best-Execution rate ( what is this? ) for 30yr Fixed loans. 3.75% and 3.5% may be more viable depending on the scenario and the lender...

More From MND

Video News

Fed's Kocherlakota: Monetary Policy Not Accommodative Enough

5-Year Note Auction Results

Santelli: Too Early to Talk Euro Recovery