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Daily Update: Mortgage Rates Begin Week Flat to Slightly Improved

Posted by Glenn Setzer in Mortgage Information, Real Estate Investment on February 28, 2012

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.89 3.90 -0.01%
15 Yr FRM 3.24 3.26 -0.02%
FHA 30 Year 3.75 3.75 0.00%
Jumbo 30 Year 4.13 4.14 -0.01%
5/1 Yr ARM 3.00 3.02 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates		 Updated: 2/27/12 2:55 PM
Feb 27, 2012 2:53PM

Mortgage Rates Begin Week Flat to Slightly Improved

Mortgages Rates finished out the previous week in positive fashion, logging three straight days of minor improvements after beginning the week poorly. This week begins on a much calmer note with rates mostly steady compared to Friday and very slightly improved in some cases. The improvements haven't been enough to change the Best-Execution landscape much, if at all. Rather, the gains are more readily seen in the form of slightly lower closing costs for the same rates that prevailed on Friday. Additional...

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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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