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Posts Tagged Rate Watcher

Daily Rate Update: 4/19/2011

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 4.85 4.87 -0.02%
15 Yr FRM 4.15 4.16 -0.01%
FHA 30 Year 4.66 4.69 -0.03%
Jumbo 30 Year 5.48 5.51 -0.03%
5/1 Yr ARM 3.46 3.46 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 4/19/11 6:18 PM
Apr 19, 2011 6:17PM

Mortgage Rates: Borrowing Costs Slightly Better

Home loan borrowing costs improved slightly today, though Best-Execution mortgage rates were unchanged. This extends a rate-watcher friendly trend in the primary mortgage market. Here is a chart illustrating the recent behavior of consumer borrowing costs. In stark contrast to yesterday's volatility, today was a sideways session. In fact, the secondary mortgage market really didn't rally enough to justify improved rate sheets. Instead, the improvements were due to yesterday's rally, which was not...

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Daily Rate Update: 4/19/2011

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 4.85 4.87 -0.02%
15 Yr FRM 4.15 4.16 -0.01%
FHA 30 Year 4.66 4.69 -0.03%
Jumbo 30 Year 5.48 5.51 -0.03%
5/1 Yr ARM 3.46 3.46 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 4/19/11 6:18 PM
Apr 19, 2011 6:17PM

Mortgage Rates: Borrowing Costs Slightly Better

Home loan borrowing costs improved slightly today, though Best-Execution mortgage rates were unchanged. This extends a rate-watcher friendly trend in the primary mortgage market. Here is a chart illustrating the recent behavior of consumer borrowing costs. In stark contrast to yesterday's volatility, today was a sideways session. In fact, the secondary mortgage market really didn't rally enough to justify improved rate sheets. Instead, the improvements were due to yesterday's rally, which was not...

More From MND

Video News

Hoffman Says U.S. Housing Has `Probably Hit Bottom'

U.S. Housing Starts Rose 7.2% in March to 549,000 Pace

Top States for Business

...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

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Daily Rate Update: 4/18/2011

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 4.87 4.89 -0.02%
15 Yr FRM 4.16 4.19 -0.03%
FHA 30 Year 4.69 4.72 -0.03%
Jumbo 30 Year 5.51 5.55 -0.04%
5/1 Yr ARM 3.46 3.47 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 4/18/11 5:16 PM
Apr 18, 2011 4:55PM

Mortgage Rates: Limited Incentive to Float

Home loan borrowing costs went on a winning streak last week, helping the Best Execution conventional 30-year fixed mortgage rate dip back down to 4.875%. This erased a spike in closings costs that occured in the previous week. Here is a chart illustrating the behavior of consumer borrowing costs. Although it was a volatile, headline driven session, loan pricing manage to add improvements today. This extends a rate-watcher friendly trend in the primary mortgage market. See the above referenced chart...

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