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Posts Tagged Boa

October 19, 2010

Average Mortgage Rates
30 Yr FRM 4.20% -0.02%
15 Yr FRM 3.55% -0.02%
FHA 30 Year 4.26% -0.03%
Jumbo 30 Year 5.45% -0.01%
5/1 Yr ARM 3.43% -0.03%
View Current Mortgage Rates | Compare Rates Updated: 10/19/10 9:04 PM

Latest Commentary
Mortgage Rates Rally as Industry Absorbs Another Negative Headline - Mortgage Rate Watch
On first releases of rate sheets this morning, consumer borrowing costs were basically unchanged. However after stocks really began selling off (following the BoA news above), investors reallocated funds more aggressively into benchmark Treasuries and agency MBS. This allowed lenders to reprice for the better. At day's end, consumer closing costs had... Read More
MBS at Session Highs. Loan Pricing Flat. Reprices for Better Possible - MBS Commentary
Stocks are flagging lower, the yield curve is bull flattening, and positive price appreciations across the curve have led rate sheet influential MBS coupons to their session highs following several successful retests of a highly trafficked internal trendline. 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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