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Posts Tagged Time Lows

Daily Rate Update: Mortgage Rates Approaching All-Time Lows

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.35 3.36 -0.01%
15 Yr FRM 2.75 2.75 0.00%
FHA 30 Year 3.25 3.25 0.00%
Jumbo 30 Year 3.54 3.56 -0.02%
5/1 Yr ARM 3.01 3.00 0.01%
» View Current Mortgage Rates
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Updated: 12/5/12 2:01 PM
Dec 5, 2012 3:47PM

Mortgage Rates Approaching All-Time Lows

Mortgage rates were slightly lower again on Wednesday. Even though the day to day movements have been small, that gets us as close as we've been to the all-time lows seen in late September and early October, with a few exceptions depending on the lender. Best-Execution for Conventional 30yr Fixed Loans has arguably moved down to 3.25% at this point, though 3.375% is still prevalent depending on the lender and scenario. ( Read More:What is A Best-Execution Mortgage Rate? ) US markets didn't do much...

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Daily Update: Mortgage Rates Relentless In Mission To Move All-Time Boundaries Lower Still

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.29 3.33 -0.04%
15 Yr FRM 2.75 2.75 0.00%
FHA 30 Year 3.23 3.25 -0.02%
Jumbo 30 Year 3.79 3.83 -0.04%
5/1 Yr ARM 2.99 2.99 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 9/26/12 2:42 PM
Sep 26, 2012 2:50PM

Mortgage Rates Relentless In Mission To Move All-Time Boundaries Lower Still

The extent to which Mortgage rates have fallen since the Fed's QE3 announcement is nothing short of astonishing . Beginning on the day of the QE3 announcement, rates have fallen every single day since, crashing through previous all-time lows in the process. This is the first time in history where the average daily improvement has been bigger AFTER breaking previous all time lows. In other words, the positive momentum that carries rates lower usually starts to taper off after hitting all-time lows...

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Daily Update: Mortgage Rates Unchanged To Slightly Lower; Hovering Near All-Time Lows

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.53 3.54 -0.01%
15 Yr FRM 2.85 2.87 -0.02%
FHA 30 Year 3.44 3.46 -0.02%
Jumbo 30 Year 4.07 4.10 -0.03%
5/1 Yr ARM 2.99 2.98 0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 9/17/12 2:21 PM
Sep 17, 2012 2:45PM

Mortgage Rates Unchanged To Slightly Lower; Hovering Near All-Time Lows

Mortgage rates moved slightly lower today in most cases, though some lenders rates were marginally higher today. On average, rates are once again in line with the ALL TIME LOWS seen on July 23rd of this year. As was the case last time we hit all time lows, the Best-Execution rate for 30yr Fixed Conventional loans is a bit of a moving target depending on the lender. Some continue to be best-priced at 3.5%, while others make most sense at 3.375%. (Read More: What is A Best-Execution Mortgage Rate?...

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Midday Bond Report

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Daily Update: Mortgage Rates Rise For The First Time This Week

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.64 3.62 0.02%
15 Yr FRM 2.92 2.90 0.02%
FHA 30 Year 3.53 3.51 0.02%
Jumbo 30 Year 4.06 4.04 0.02%
5/1 Yr ARM 2.98 2.98 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 7/19/12 2:20 PM
Jul 19, 2012 3:06PM

Mortgage Rates Rise For The First Time This Week

Mortgage Rates bucked their recent trend and moved higher today, though the increase was fairly minimal for most lenders and almost imperceptible at others. Rates faced a tough environment right from the outset today as European markets led domestic bond yields lower overnight. Using 10yr Treasury yields as a rough guide-post for broader rates markets, there's some sense of a pause or a floor at the recent all time lows of 1.442. After hitting those levels for a 2nd time on Monday, broader rates...

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Daily Update: Mortgage Rates Move Deeper Into All-Time Lows To Begin The Week

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.66 3.68 -0.02%
15 Yr FRM 2.94 2.97 -0.03%
FHA 30 Year 3.55 3.59 -0.04%
Jumbo 30 Year 4.06 4.08 -0.02%
5/1 Yr ARM 2.97 2.98 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 7/9/12 2:17 PM
Jul 9, 2012 2:18PM

Mortgage Rates Move Deeper Into All-Time Lows To Begin The Week

Mortgage Rates continued lower today after hitting new all-time lows on Friday's weaker-than-expected Jobs report. Apart from simply being an extension of Friday's trading patterns, interest rates benefied from ongoing skepticism about the situation in Europe as well as several speeches from Fed governors indicating more potential bond-buying if the economy continues to weaken. The net effect for mortgage rates was a slight improvement in borrowing costs for the prevailing range of Best-Execution...

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Daily Update: Mortgage Rates Begin July At New All Time Lows

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.71 3.73 -0.02%
15 Yr FRM 2.98 3.00 -0.02%
FHA 30 Year 3.62 3.65 -0.03%
Jumbo 30 Year 4.09 4.11 -0.02%
5/1 Yr ARM 2.98 2.99 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 7/2/12 2:24 PM
Jul 2, 2012 2:25PM

Mortgage Rates Begin July At New All Time Lows

Mortgage Rates improved moderately today bringing them just barely into new all-time low territory. Some lenders released 2nd and even 3rd rate sheets today with improved pricing and the 3.625% Best-Execution level is beginning to looks more and more like it will share the stage with 3.5% if current pricing is maintained. For now, 3.625% is still dominant, but some of the more aggressive lenders are arguably at 3.5% for Conventional 30yr Fixed Best-Execution. (Read More: What is A Best-Execution...

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Santelli's Morning Bond Update

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Daily Update: NEW All-Time Lows for Mortgage Rates

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.72 3.75 -0.03%
15 Yr FRM 2.99 3.01 -0.02%
FHA 30 Year 3.64 3.66 -0.02%
Jumbo 30 Year 4.10 4.12 -0.02%
5/1 Yr ARM 2.97 2.98 -0.01%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 6/28/12 1:41 PM
Jun 28, 2012 2:43PM

Mortgage Rates Edge Down To NEW All-Time Lows

Mortgage Rates moved slightly lower today but it was enough to officially hit new all-time lows. Some perspective is in order though. Certain lenders' rates are unchanged on the day, and some are even slightly higher, but the average moved lower. Even then, the actual INTEREST RATE would be the same as it was yesterday. The improvements from yesterday were seen in the form of lower borrowing costs for those same rates. Bottom line: Best-Execution remained at 3.625%, but just got a bit more affordable...

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Daily Update: Mortgage Rates Finish Out Close To Unchanged After Bumpy Start

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.77 3.76 0.01%
15 Yr FRM 3.03 3.02 0.01%
FHA 30 Year 3.67 3.66 0.01%
Jumbo 30 Year 4.07 4.06 0.01%
5/1 Yr ARM 3.03 3.03 0.00%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 6/11/12 3:24 PM
Jun 11, 2012 3:25PM

Mortgage Rates Finish Out Close To Unchanged After Bumpy Start

Mortgage Rates held steady to slightly weaker today , though some lenders recalled rate sheets in the afternoon as bond markets improved. That helped the average Best-Execution rate get back near Friday's offerings, which were among the best of the week last week. Over the past two weeks, rates have been operating in a fairly narrow range resting on all-time lows. Today's rates are closer to those lows than most of the other sessions. On Friday, we noted that the gains brought many lenders back into...

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90 Seconds with Art Cashin: Market Not Impressed with Spanish Bailout?

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Daily Update: Mortgage Rates Higher For Third Straight Day

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.81 3.78 0.03%
15 Yr FRM 3.07 3.04 0.03%
FHA 30 Year 3.70 3.66 0.04%
Jumbo 30 Year 4.11 4.08 0.03%
5/1 Yr ARM 3.01 3.03 -0.02%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 6/6/12 2:14 PM
Jun 6, 2012 3:21PM

Mortgage Rates Higher For Third Straight Day

Mortgage Rates moved higher again today , capping a 3 day run into significantly weaker territory. While noticeably higher over that time, Friday's rates were all-time lows, meaning today's Best-Execution rates for 30yr Fixed Conventional loans has yet to rise back to it's previously stable level at 3.875%. For now, lenders remain closer to 3.75% for ideal scenarios, up from Friday's 3.625%. (Read More: What is A Best-Execution Mortgage Rate? ) Today's market movements were slightly more aggressive...

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Daily Update: Mortgage Rates Rise After Hitting All Time Lows On Friday

Average Mortgage Rates
 TODAYYESTERDAYCHANGE
30 Yr FRM 3.75 3.74 0.01%
15 Yr FRM 3.03 3.03 0.00%
FHA 30 Year 3.64 3.63 0.01%
Jumbo 30 Year 4.05 4.04 0.01%
5/1 Yr ARM 3.04 3.07 -0.03%
» View Current Mortgage Rates
» Compare Mortgage Rates
Updated: 6/4/12 2:39 PM
Jun 4, 2012 2:40PM

Mortgage Rates Rise After Hitting All Time Lows On Friday

Mortgage Rates rose slightly to begin the week after hitting new all-time lows last Friday. Today's rates weren't much worse, and Best-Execution remains at 3.625% , but several lenders recalled rate sheets for negative adjustments due to late-day weakness in secondary mortgage market trading. It's too soon and there is too much ahead on the calendar to draw any conclusions about additional momentum from here. (Read More: What is A Best-Execution Mortgage Rate? ) News and data was notably uninspiring...

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