June 4, 2010

June 4th, 2010 |

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

Average Mortgage Rates
30 Yr FRM	4.79%	-0.06%
15 Yr FRM	4.12%	-0.02%
FHA 30 Year	4.83%	-0.05%
Jumbo 30 Year	6.40%	-0.03%
5/1 Yr ARM	3.76%	-0.04%
View Current Mortgage Rates \| Compare Rates	Updated: 6/4/10 8:35 PM

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If the Euro is doomed to trade toward parity, does that mean the U.S. is destined for a double dip? With housing teetering on a ledge and 6.7 million Americans out of a job for longer than 27 weeks...the "double dip" debate will heat up in the days and weeks to come. Read More

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Mortgage rates held steady near the lowest levels of the year yesterday. That was a dominant theme this week. Regardless of volatility in the stock and bond markets, MBS prices moved quietly sideways in a tight range. Mortgage pricing did manage to improve a few basis points though, after lenders passed along pricing gains that were due last week. Unfortunately... Read More

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