June 16, 2010

June 16th, 2010 |

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

Average Mortgage Rates
30 Yr FRM	4.78%	0.02%
15 Yr FRM	4.12%	0.01%
FHA 30 Year	4.83%	0.02%
Jumbo 30 Year	6.41%	0.01%
5/1 Yr ARM	3.75%	0.01%
View Current Mortgage Rates \| Compare Rates	Updated: 6/16/10 5:47 PM

Latest Commentary

Mortgage Rates Hold Ground Against Stock Rally. Lenders On The Defensive - Mortgage Rate Watch

Here is the good news: ONLY A FEW LENDERS REPRICED FOR THE WORSE! Here is the bad news: THIS PUTS LENDERS ON THE DEFENSIVE. Unless stocks are red hot tomorrow morning, the reprices for the worse that were due today, will likely be passed along in loan pricing tomorrow. If you are floating, you need stocks to sell! We dodged a bullet today.... 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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