Mortgage Rates Current

Today's Mortgage Rates (FreeRateUpdate.com) -- 30 Yr Fixed 4.750........15 Yr Fixed 4.125.........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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Current Mortgage Rates Waffle – Current Mortgage Rates Hold After Fed Testimony (VIDEO)

Ed Ferrara | February 24, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 24, 2010 ( http://www.freerateupdate.com/ ) – Current mortgage rates remain the same as yesterday following Fed Chief Ben Bernanke’s testimony. In his first report to congress this year on the U.S. economy and monetary policy the Fed says they’ll keep rates exceptionally low for an extended period, keeping details very broad, but mentioning low rates are necessary. The Fed speak came across the same as it always does, the climb out of the great recession will be a slow… 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

BREAKING: Mortgage Rates Headed Up? Current Mortgage Rates at Risk to Rise

Ed Ferrara | February 17, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 17 (FreeRateUpdate.com) – Current mortgage rates are at risk to go up following a fast and significant decline in mortgage-backed securities prices, -15/32 (FNMA 30-yr 4.5 at 100.21) . As a result lenders will be re-pricing unfavorably if they haven’t already. Today’s decline in MBS prices will surely cause an increase in closing costs associated with a particular rate. It’s now also very possible mortgage rates at par, especially the conforming and FHA 30 year fixed… 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

Current Mortgage Interest Rates at 4.75% for Conforming and FHA 30 Year Fixed Mortgages

Ed Ferrara | February 15, 2010 | 1 Comments

LOS ANGELES, CA — Feb. 15 (FreeRateUpdate.com ) – Mortgage-backed securities markets are closed today so we’ll have to wait until tomorrow for mortgage interest rates to move up or down. That being said, Friday’s gain in MBS prices strengthened conforming and FHA 30 year fixed mortgage rates at 4.75%. As a result, unless the extra ordinary happens, such as a 350 point stock market gain, we will not have enough movement in a single day for a change in our par rates. Current mortgage… Read more

Current Mortgage Rates Re-Stabilize – 30 Year Fixed Mortgage Rates at 4.75% Still

Ed Ferrara | February 12, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 12 (FreeRateUpdate.com) – After a week of declines mortgage-backed securities, which move current mortgage rates in the opposite direction, have posted substantial gains this morning,+8/32 (FNMA 30-yr 4.5 at 100.30) . As a result, current mortgage rates have re-stabilized comfortably under 5% with 30 year fixed mortgage rates at par for both conforming Fannie and Freddie products as well as FHA loans at 4.75%. . Mortgage rates have been at this same level for over a week… Read more

Mortgage Rates: Current Mortgage Rates at Par – FHA, Jumbo, 30 Year Fixed

Bruno Mckenzie | February 10, 2010 | 0 Comments

Feb. 10 (FreeRateUpdate.com) – Yesterday was another wild one. The Dow shot up over 200 points before finishing up about 150. Current mortgage rates are up on a rallying stock market but not up enough for lenders to adjust their rate sheets for the worse. What do I mean by that and why would mortgage rates be up because the stock market is up? Pricing affecting closing costs is worse but current mortgage rates are still the same. 4.75% for a 30 year fixed will cost you more than it did… Read more

Current Mortgage Rates: Current 30 Year Fixed Mortgage Rates Just that, Fixed at 4.75%

Ed Ferrara | February 8, 2010 | 0 Comments

Current mortgage rates aren’t moving at all today. With no economic reports released this afternoon mortgage-backed securities prices sat still leaving current mortgage rates fixed, literally. FreeRateUpdate.com research of the ever important par rate, the mortgage rate available for savvy qualified borrowers with a standard 1 point origination, shows no movement whatsoever in current mortgage rates. National averages are in reality higher than what’s available to well qualified customers. Last… Read more

Current Mortgage Rates: Mortgage Rates Current Stand Against Mixed Data Shows Stability (VIDEO)

Ed Ferrara | February 7, 2010 | 0 Comments

Feb. 7 (FreeRateUpdate.com) – Mortgage rates current stand against market volatility from mixed economic data shows stability. Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, were volatile last week on conflicting economic data, especially in employment, but finished the week virtually unchanged. The stock market dug in as well holding above 10,000 with swings of over 200 points in hours reminiscent of this same time period last year. The benchmark 10… Read more

Current Mortgage Rates Not Budging, Current 30 Year Fixed Mortgage Par Rate at 4.75

Ed Ferrara | February 5, 2010 | 0 Comments

Feb. 5 (FreeRateUpdate.com) – Current mortgage rates aren’t budging riding a wave of mixed economic data. MBS prices are up for the second day in a row. Mortgage-backed securities, which drive mortgage rates in the opposite direction have gained +1/32 (FNMA 30-yr 4.5 at 101.09) so far today. Worse than expected jobs data was followed up by better than expected unemployment numbers. The national unemployment rate dropped below 10% to 9.7%, the lowest level since August. The Dow is down 54.34… Read more

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