Today's Mortgage Rates (FreeRateUpdate.com) -- 30 Yr Fixed 4.750........15 Yr Fixed 4.250.........5/1 ARM 3.625...........FHA 30 Year Fixed 4.750...........Jumbo 30 Year Fixed 5.625....... - Mortgage rates are stable.

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Today’s Mortgage Rates Declining – Mortgage Rates Sinking with 10 Year T-Yield

Ed Ferrara | October 13, 2009 | 0 Comments

Floating a rate? You might want to lock today. Rates are down.

The benchmark 10 year treasury yield, the best indicator for today’s mortgage rates, is down today significantly dropping to 3.31 from 3.38 (-2.19% ) overall. That’s good news for any mortgage rate shoppers out there. Last Friday the yield, which was at a 4 1/2 month low, shot up unexpectedly over 3 percent overall. As a result mortgage lenders were forced to adjust their mortgage rates for the worse. 30 year fixed mortgage rates went from near 4.5 percent to 4.875 percent at par. Today’s… Read more

Wells Fargo Mortgage Rates – Current Wells Fargo Mortgage Rates .25 Percent Above Lowest Interest Rates

Bruno Mckenzie | October 12, 2009 | 0 Comments

Current Wells Fargo Mortgage Rates are about .25 percent avove the lowest mortgage rates available today. Currently Wells Fargooffers a 5.125 percent on a conforming 30 year fixed mortgage. FreeRateUpdate.com research of wholesale mortgage lender’s rate sheets shows 30 year fixed mortgage rates as low as 4.875 percent available today. Wells Fargois offering 4.5 percent today on a 15 year fixed conforming mortgage. FreeRateUpdate.com research shows that too is a 1/4 percent above the lowest… Read more

Today’s Mortgage Rates – 30 Year Fixed Mortgage Rate at 4.875 Today

Ed Ferrara | October 12, 2009 | 1 Comments

The benchmark 10 year treasury yield swung upward Friday big time to 3.38, up over 3 percent overall from a 4 1/2 month low the yield reached Thursday afternoon. The yield, the best indicator for conforming fixed 30-year mortgage rates, has been on a steady decline for the past 2 1/2 months. Today’s mortgage rates are slightly higher than last week. Today’s 30 Year Fixed Mortgage Rates FreeRateUpdate.com research of wholesale lenders mortgage rates today shows 30 year fixed mortgage rates… Read more

Current Mortgage Interest Rates Up. 30 Year Fixed Interest Rate to 4.875 Percent.

Bruno Mckenzie | October 10, 2009 | 0 Comments

Current mortgage interest rates are up a 1/4 percent from Thursday’s lows. The benchmark 10 year treasury yield, used to forecast current mortgage rates, spiked Friday afternoon to 3.38 after being as low as 3.164 just Thursday, a 4 1/2 month low. Following the dramatic increase in the yield mortgage lenders adjusted their rate sheets several times yesterday for the worse. Mortgage interest rates finished the day up about a 1/4 percent, perhaps a little more on average, from where they were… Read more

Current Mortgage Rates: Rising Fast Current 30 Year Fixed Mortgage Rate at 4.75 Percent

Ed Ferrara | October 9, 2009 | 0 Comments

Well, so much for 4.5 percent on a 30-year fixed, at least for now. Current mortgage rates are up already almost a 1/4 percent this morning as the benchmark 10 year treasury yield has sky rocketed, up a whopping 0.1210 (3.72%). Lender’s have began adjusting their current mortgage rates accordingly as mortgage interest rates have gone from 4.625 percent and very near 4.5, to 4.75 percent, 30-years fixed. The benchmark 10 year treasury yield was at a 4 1/2 month low driving mortgage rates… Read more

Ditech Mortgage Rates Excellent – Ditech “Refi Rate Sale”

Bruno Mckenzie | October 8, 2009 | 1 Comments

Today I took it upon myself to check out the Ditech “refi rate sale”. It’s an interesting promotion from Ditech in which they take the same marketing strategy used at department stores and apply it to mortgages. What we wanted to find out is there really a sale? Is this just a gimmick to draw in applicants with a time sensitive offer? Most importantly we want to see how Ditech’s mortgage rates stack up against the competition. Ditech Refi Rate Sale – The Rate – 30-yr fixed-rate 4.625 Percent-… Read more

Today’s Mortgage Rates: 30 Year Fixed Mortgage Rate Nearing 4.5 Percent. Benchmark Yield Down.

Sheldon Levene | October 7, 2009 | 0 Comments

The benchmark 10 year treasury yield, the leading indicator for 30 year fixed mortgage rates, dipped to a 4 1/2 month low to 3.175 this afternoon, down big from 3.218 where it opened this morning. As a result mortgage rates are likely to improve, this afternoon for West Coast banks and tomorrow morning for the rest. Current mortgage rates, already as low as 4.625 percent for a 30 year fixed mortgage, at par, are nearing the psychological barrier of 4.5 percent. 4.5 percent for a 30 year… Read more

Current Mortgage Rates: 30-yr Fixed Mortgage Holds. Current Mortgage Rates from Freddie, Zillow, MBA

Ed Ferrara | October 7, 2009 | 0 Comments

Current mortgage rates are holding steady with only the 15-yr

The benchmark 10 year treasury yield, the leading indicator for conforming 30 year fixed mortgage rates, has risen steadily since Monday morning closing yesterday afternoon at 3.248 after opening the week at a 4 1/2 month low of 3.117. The yield, used to predict current mortgage rates, has been on the decline for over 2 1/2 months driving fixed conforming mortgage rates from the mid 5’s to the mid 4’s, where they remain today. Current Mortgage Rates as Reported By Zillow, MBA,… Read more

Today’s Mortgage Rates: 30-Year Fixed-Rate Still at 4.625 Percent – Par

Ed Ferrara | October 6, 2009 | 0 Comments

Today’s 30 year fixed mortgage rates have dipped below 5 percent, everybody knows that now. Did you know that 30 year fixed mortgages are at 4.625 percent at par at most wholesale mortgage lenders? It’s a fact. 30-Year Fixed-Rate Mortgage at Par – What’s Par? Par is the rate of which a mortgage can be obtained without paying additional fees, knows as buy down points or discount points. Typically a mortgage broker or bank is willing to fund a mortgage at “par” at average closing costs. If… Read more

Current Mortgage Rates: Current 30 Year Fixed Mortgage Rate at 4.625 Percent

Bruno Mckenzie | October 4, 2009 | 0 Comments

Current Mortgage Rates Not Officially at All Time Low, Yet.

FreeRateUpdate.com research of wholesale mortgage lender’s current mortgage rates shows current 30-year fixed mortgage rates at 4.625 percent. 30-year fixed mortgage rates have been under 5 percent since the beginning of September though first reported by Freddie Mac under 5 this past week when Thursday they said 30 year fixed mortgage rates averaged 4.94 percent. This is the first time Freddie reported mortgage rates under 5 since mid May. Current Mortgage Rates at an all-time… Read more