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Daily Rate Update: Mortgage Rates Break Cyprus Slide, Move to 2-Week Lows

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
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
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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...

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&copy 2013 Brown House Media, Inc. All rights reserved.
Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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.

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Daily Rate Update: Mortgage Rates Increasingly Stuck at Recently Higher Levels

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.64 3.63 0.01%
15 Yr FRM 2.96 2.95 0.01%
FHA 30 Year 3.35 3.34 0.01%
Jumbo 30 Year 3.74 3.73 0.01%
5/1 Yr ARM 3.00 3.00 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 3/26/13 2:22 PM
Mar 26, 2013 2:22PM

Mortgage Rates Increasingly Stuck at Recently Higher Levels

Mortgage rates moved slightly higher today on average, though a few lenders were unchanged or marginally improved. Some released positively revised rate sheets in the middle of the day as bond markets and MBS (the mortgage-backed-securities that most directly influence rates) improved. Though today's move was slightly weaker, it keeps rates in a consistent range just under their 10-month highs. After having risen to 3.625% in late January, 30yr fixed "best-execution" rates ( what is this? ) have...

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&copy 2013 Brown House Media, Inc. All rights reserved.
Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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.

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Daily Rate Update: Mortgage Rates Flat to Slightly Lower to Begin Shortened Week

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.63 3.64 -0.01%
15 Yr FRM 2.95 2.95 0.00%
FHA 30 Year 3.34 3.35 -0.01%
Jumbo 30 Year 3.73 3.74 -0.01%
5/1 Yr ARM 3.00 3.02 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 3/25/13 3:36 PM
Mar 25, 2013 3:38PM

Mortgage Rates Flat To Slightly Lower To Begin Shortened Week

Mortgage rates were, once again, unchanged in many cases today, though some lenders were slightly lower in cost than Friday's latest offerings. Trading levels in MBS (the mortgage-backed-securities that most directly influence rates) started the day off in territory that would have been consistent with higher rates, but improved fairly quickly as bond markets shrugged off news that Cyprus had reached a bailout agreement with the EU. Best-Execution for 30yr Fixed, Conventional loans is 3.625% to 3...

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Subscribe

Would you like to receive our Daily Rate Update by Email? Subscribe Now.

&copy 2013 Brown House Media, Inc. All rights reserved.
Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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.

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