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Daily Update: Mortgage Rates Begin Week Flat to Slightly Improved

Average Mortgage Rates
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%
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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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