Apr. 30, 2010 (FreeRateUpdate.com) – Current mortgage rates are solid, below 5, as they’ve been for most of April. Surprisingly the end of the Fed’s mortgage-backed securities buying at the end of…
Current Mortgage Rates 04/28/10: Mortgage Rates Flat, FHA/Jumbo Update
Apr. 28, 2010 (FreeRateUpdate.com) – 30-year fixed mortgage rates are currently flat for conforming, FHA and jumbo mortgages as MBS prices, which drive mortgage rates in the opposite direction, waver…
Today’s Mortgage Rates 04/27/10: Mortgage rates stable, Greece debt boosts bonds
Apr. 27, 2010 (FreeRateUpdate.com) – Today’s mortgage rates are stable as Greece debt, downgraded to “junk” has investors moving to bonds. Typically as demand for bonds rise, so do bond prices such…
Current Mortgage Rates 04/26/10: Mortgage Rates could drop
Apr. 26, 2010 (FreeRateUpdate.com) – Current mortgage rates could drop thanks to MBS price gains this morning +7/32 (FNMA 30-yr 4.5 at 100.10). Mortgage-backed securities prices drive 30-year fixed…
Current Mortgage Rates 4/23/10: Mortgage Rates Pressured by Home Sales
Apr. 23, 2010 (FreeRateUpdate.com) – Hallelujah! Rejoice. Existing home sales improved in March at the fasted pace in 47 years, a month over month 47% increase. Goes to show reports the deadline of…
Current Mortgage Rates 04/21/10: 30-yr Mortgage Rates Stable, FHA Rates Solid
Apr. 21, 2010 (FreeRateUpdate.com) – Current mortgage rates are very stable following an improvement today in MBS prices. Mortgage-backed securities prices, which drive mortgage rates in the opposite…
Current Mortgage Rates 4/19/10: Today’s Mortgage Rates Down from Thursday
April 19, 2010 (FreeRateUpdate.com) – Current mortgage rates are down slightly from levels mid-last week. The current conforming 30-year fixed rate is 4.75%, down from 4.875. The current 15-yr fixed…
Current Mortgage Rates 04/16/10: 30-yr fixed mortgage rates drop again
Apr. 16, 2010 (FreeRateUpdate.com) – Current mortgage rates are down from yesterday’s level. Mortgage-backed securities prices, which drive mortgage rates their opposite, have posted yet another gain…
Current Mortgage Rates 04/14/10: Mortgage Rates Unchanging, FHA/Jumbo Update
Apr. 14, 2010 (FreeRateUpdate.com) – Current mortgage rates are unchanging, steady under 5%. Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, have been fairly…
Current Mortgage Rates 4/12/10: Mortgage Rates, Conforming and FHA, Firm Under 5
Apr. 12, 2010 (FreeRateUpdate.com) – Current 30-yr fixed mortgage rates are firm under 5% following last week’s improvement. The dip in mortgage rates last week was a product of improving MBS prices….