June 22, 2010

June 22nd, 2010 |

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

Average Mortgage Rates
30 Yr FRM	4.75%	-0.02%
15 Yr FRM	4.08%	-0.02%
FHA 30 Year	4.77%	-0.03%
Jumbo 30 Year	6.35%	-0.05%
5/1 Yr ARM	3.68%	-0.02%
View Current Mortgage Rates \| Compare Rates	Updated: 6/22/10 8:54 PM

Latest Commentary

MBS Hit New Price Highs. Lenders Holding Excess Rebate - MBS Commentary

Mortgages traded to new record price highs today. The low production volume origination environment continues to support favorable "rate sheet influential" MBS valuations. Although the August FN 4.5 MBS coupon traded 10 ticks off its lows of the day, the majority of lenders did not reprice for the better. Secondary is holding back about 25bps... Read More

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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