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August 4, 2010

Average Mortgage Rates
30 Yr FRM 4.48% -0.04%
15 Yr FRM 3.90% -0.03%
FHA 30 Year 4.52% -0.06%
Jumbo 30 Year 5.85% -0.05%
5/1 Yr ARM 3.54% -0.02%
View Current Mortgage Rates | Compare Rates Updated: 8/4/10 8:11 PM

Latest Commentary
Record Low Mortgage Rates Face Test on Friday - Mortgage Rate Watch
The official Employment Situation report is slated to be released this Friday at 8:30am eastern. This event holds the most potential to move mortgage rates. At the moment, conditions in the secondary market are not supportive of mortgage rates moving any lower than current levels. This implies anyone floating their loan on a short timeline, as in... Read More
MBS Prices Falling as Markets Evaluate Appetite for Risk - MBS Commentary
Morning data is behind us and the market is making an originator unfriendly directional move... Read More

Provided by Mortgage News Daily

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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