February 19, 2010

February 19th, 2010 |

Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.

Average Mortgage Rates
30 Yr FRM	5.04%	0.03%
15 Yr FRM	4.36%	0.03%
FHA 30 Year	5.25%	0.02%
Jumbo 30 Year	6.51%	0.02%
5/1 Yr ARM	4.32%	0.03%
View Current Mortgage Rates \| Compare Rates	Updated: 2/19/10 1:33 PM

Latest Commentary

Mortgage Rates End Week on Three Day Skid. Fed Rate Hike Not to Blame - Mortgage Rate Watch

Reports from fellow mortgage professionals indicate higher rates this morning. The par 30 year conventional rate mortgage is in the 5.00% to 5.25% range for well qualified consumers. To secure a par rate you must have a FICO credit score of 740 or higher, a loan to value at 80% or less and pay all closing costs including an estimated one point loan... Read More

MBS CLOSE: Respectable Improvement Late In The Day - MBS Commentary

Everything I'm not about to cover has already been covered HERE . That being the case, the day gets a lot more boring and even a touch of positivity by the time it's done. You like shorter MBS Commentary sometimes right? Maybe even some recap bullet-points and a chart or two. Rates either held on to weaker levels following yesterday's news... 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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