Mortgage Interest Rates

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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Mortgage Interest Rates Smooth Sailin’ – Current Mortgage Rates, FHA rates, Jumbo Interest Rates

Ed Ferrara | March 9, 2010 | 0 Comments

Mar. 09, 2010 (FreeRateUpdate.com) – It’s smooth sailin’ again today for mortgage interest rates. Current 30 year fixed interest rates are holding at 4.75. This rate is available to those well-qualified consumers willing to pay a standard .07 to 1 point origination. The current 15 year fixed interest rate remains 4.25. The current 5/1 ARM rate is 3.625. Looking for the lowest possible mortgage interest rates? Search local mortgage interest rates here. Current FHA mortgage rates continue… Read more

Mortgage Interest Rates: CA Mortgage Interest Rate Update and RateRumble?

Mark Simons | March 4, 2010 | 0 Comments

(FreeRateUpdate.com) – Rates for our lovable POV* Loan came out and 3 of my major Wholesale Lenders repriced for the better today. Which just reinforces the rest of this nugget o’ info. If you are shopping a loan JUMP on it now! Conforming Rates at 4.75% with JUMBO Conforming at 4.875%. True JUMBOS at 5.75%. As always jokes, recipes and oh yeah, loan scenarios are welcome at lololoans@yahoo.com Ok so which way is UP?I figure pretty gush darn soon there Cowboys and… Read more

Current 30 Yr Mortgage Interest Rates Near 4.625% – Current Adjustable Mortgage Rates Down

Ed Ferrara | February 26, 2010 | 0 Comments

Feb. 26, 2010 – (FreeRateUpdate.com) - Current mortgage rates have improved slightly today. 5/1 ARM rates for conforming and FHA mortgages dipped to 3.625 from 3.75. 15 year fixed interest rates for FHA and conforming mortgages, while still at 4.25, have become less costly. 30 year fixed jumbo loan rates have dipped to 5.625, the lowest level in years. Many lenders offer 5.5 30 year fixed jumbos for those with an extremely low LTV. 30 year fixed mortgage interest rates for FHA and… Read more

Interest Rates: Could Mortgage Interest Rates Rise to 6.5? Some Experts Say Yes (VIDEO)

Ed Ferrara | February 24, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 24, 2010 – ( http://www.freerateupdate.com) – Could 30 year mortgage interest rates (Freddie Mac FRE, Fannie Mae FNM, and FHA 30 year fixed rates) rise to 6.5, from below 5, in just a matter of weeks once the Fed discontinues their buying of MBS? Many experts say the answer is yes. While prominently it’s expected mortgage interest rates rise about half a point, the effect of the Fed’s withdrawal from the buying of mortgage-backed securities is unknown. Looking for… Read more

Current Mortgage Interest Rates Down: Current Mortgage Rates at Par (FRE, FHA, Jumbo)

Ed Ferrara | February 23, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 23, 2010 ( http://www.freerateupdate.com/ ) – Prices of mortgage-backed securities gained this morning after a surprise drop in Consumer Confidence. As a result, current 30 year fixed mortgage interest rates, for conforming Fannie Mae FNM and Freddie Mac FRE insured mortgages, which move the opposite MBS prices, retreated to 4.75 percent. The change in current mortgage rates brought 30 year fixed mortgage interest rates back down to where they were for most of last week…. Read more

Current Mortgage Interest Rates: 30 Year Fixed Interest Rates Rise to 4.875%

Ed Ferrara | February 19, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 19 (FreeRateUpdate.com) – According to our research of wholesale lenders’ mortgage interest rate sheets 30 year fixed mortgage interest rates, for conforming and FHA mortgages, rose 1/8 from 4.75% to 4.875% yesterday. 4.875% is now the interest rate associated with about 1 point origination (par rate). 30 year fixed mortgage interest rates had been holding at 4.75 for quite some time. A significant decline in mortgage-backed securities following the Fed Minutes on… Read more

Mortgage Interest Rates: (We Warned Ya’) Current 30 Year Interest Rates Rise

Ed Ferrara | February 18, 2010 | 0 Comments

LOS ANGELES, CA — Feb.18 (FreeRateUpdate.com) - Don’t say we didn’t warn ya’. Unfortunately, FreeRateUpdate.com research of wholesale lenders’ interest rate sheets shows an increase in 30 year fixed mortgage interest rates. Just hours after Freddie Mac said mortgage rates declined to 4.93% (this doesn’t tell the whole story because 4.75% with about 1 point origination was available all week), wholesale lenders’ adjusted their rate sheets to reflect higher mortgage rates. Looking for… Read more

Conforming, FHA, and Jumbo Mortgage Interest Rates Unchanged by Today’s Economic Data

Ed Ferrara | February 17, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 17 (FreeRateUpdate.com) – A slew of economic data released today did little to mortgage-backed securities prices, which effect mortgage rates, this morning. MBS prices are down slightly -6/32 (FNMA 30-yr 4.5 at 100.30), not nearly enough to change mortgage interest rates for the worse. Mortgage rates for conforming and FHA loans move opposite MBS prices. Data released today was mixed. January Housing Starts rose 3% to an annual rate of 591K units, the highest level in… Read more

Current Mortgage Rates Stuck – No Mortgage Rate Moving Data Today

Ed Ferrara | February 16, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 16 (FreeRateUpdate.com) - Mortgage-backed securities prices, which move mortgage rates in the opposite direction, are down just a tad this morning -2/32 (FNMA 30-yr 4.5 at 100.28). This small decline is not enough to move mortgage rates and with no more major economic data to be released today it’s highly unlikely mortgage rates change. The Dow is up over 100 points, so it is possible we see changes for the worse in pricing, which effects closing costs on mortgages,… Read more

Conforming, FHA, Jumbo Mortgage Interest Rates (30 Year Fixed) Not Budging

Bruno Mckenzie | February 16, 2010 | 0 Comments

SHEEPSHEAD BAY, NY — Feb. 16 (FreeRateUpdate.com) – Mortgage rates haven’t been doing a whole lot lately. Despite volatile stock markets, and volatile mortgage-backed securities markets, mortgage rates have been cemented at current levels for weeks. The stock market has done a bit of the same. The Dow, up over 86 points today at 8:13 AM PST, has been up and down and overall relatively unchanged since a decline to around 10,000. The much awaited end of the Fed’s MBS purchase program on March… Read more