Click Here to Search Local Mortgage Rates
Mar. 15, 2010 (FreeRateUpdate.com) - Today’s 30 year fixed mortgage rates continue to hold at 4.75. 4.75 is available to well-qualified consumers paying a standard .07 to 1 point origination on both 30 year fixed conforming and FHA mortgages. Today’s conforming 15 year fixed rate remains 4.25%, and 5/1 ARM rate 3.625. While the FHA 15 year fixed rate is slightly higher than conforming at 4.5%, the FHA 5/1 ARM is also available at 3.625%. Jumbo mortgage rates remain unchanged as well…. Read more
Mar. 12, 2010 (FreeRateUpdate.com) Today’s mortgage rates are steady at their lowest level this year. Today’s 30 year fixed rate remains available to well-qualified consumers at a standard .07 to 1 point origination as verified by FreeRateUpdate.com research of wholesale lenders’ rate sheets. Today’s 15 year fixed rate is still 4.25, and the 5/1 ARM rate 3.625. FHA mortgage rates continue to be nearly identical to conforming (standard) mortgage rates, except for the 15 year fixed FHA loan… Read more
Mar. 11, 2010 (FreeRateUpdate.com) – Today’s 30 year fixed mortgage rates are the same as they’ve been for the last 2 weeks, holding at 4.75%. Freddie Mac said today, in their weekly survey results, that the average 30 year fixed rate dipped to 4.95% this week. Any well-qualified consumer accepting 4.95, if 4.95 was do-able – would be adding to the banks already hefty profits. 4.75 is the rate well-qualified consumers willing to pay .07 to 1 point origination should shoot for. 15 year fixed… Read more
Mar. 10, 2010 (FreeRateUpdate.com) – Today’s mortgage rates are flat after strong demand at this afternoon’s 10 year treasury auction helped lift mortgage-backed securities prices, which move mortgage rates their opposite. The benchmark 10 year treasury yield, used to forecast mortgage rates, is up to 3.72, +0.02 on the day. Many economists believe the yield will spike to above 4 before the year is over. If that happens, it is likely mortgage rates will be in the mid 5’s or higher, compared… Read more
Mar. 09, 2010 (FreeRateUpdate.com) – Mortgage rates today are unchanged. 30 year fixed rates are still at 4.75 for well-qualified consumers paying a standard .07 to 1 point origination. 15 year fixed rates are at 4.25, while 5/1 ARM’s are available at 3.625. FHA 30 year fixed rates continue to mirror those of standard (conforming Freddie Mac FRE and Fannie Mae FNM insured) mortgages, with the exception of the 15 year fixed FHA rate which is slightly higher at 4.5. Jumbo 30 year fixed… Read more
Mar. 08, 2010 (FreeRateUpdate.com) – Today’s mortgage rates are sittin’ still at 4.75%. 30 year fixed mortgage rates haven’t budged in nearly 2 weeks. Other mortgage rates include the 15 year fixed rate, which remains at 4.25, where it’s been cemented for months. The 5/1 ARM remains extremely low and at 3.625%. These rates are available to well-qualified consumers at a standard .07 to 1 point origination as verified by FreeRateUpdate.com research of over two dozen wholesale lenders’ rate… Read more
Mar. 04, 2010 (FreeRateUpdate.com) – Today’s 30 year fixed mortgage rates are stable at 4.75, where they’ve been all week. 30 year fixed mortgage rates dipped late last week (-0.125) on rising mortgage-backed securities prices almost in sync with the release of Freddie’s weekly survey results which said mortgage rates rose to over 5 percent. Mortgage-backed securities prices drive mortgage rates in the opposite direction. Since the gains in MBS prices, which led to a 1/8 improvement in mortgage… Read more
Mar. 2, 2010 — (FreeRateUpdate.com) – Mortgage rates today are flat thanks to unchanging MBS prices. Prices of mortgage-backed securities move mortgage rates in the opposite direction. The Dow was also flat today, moving just over 2 points. The benchmark 10 year treasury yield, used by many to forecast mortgage rates, moved -0.01 to 3.60. When mortgage rates hit record lows last October the yield dipped below 3.2. Many economist forecast the yield will move upwards of 4 by the end of this… Read more
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
SAN FRANCISCO, CA — Feb. 25, 2010 ( http://www.freerateupdate.com/ ) - Rates for today’s POV* came out and stayed out with no major Wholesale Lenders repricing one way or the other. Conforming loans at 4.75% and Jumbo Conforming at 4.875%. SUPER Jumbos at 5.75%. As always, jokes, recipies and loan scenarios are welcome at lololoans@yahoo.com . Which way is UP? Although there have been recent signs of recovery in the Housing Market, the grim fact is that a huge number of… Read more
On April, 05 2010, MI will be boosted to 2.25 and minimum credit scores will be raised. Read about this and other NEW FHA Loan Guidelines.
Delaware Mortgage - DE Mortgage Blog - John Thomas talks Delaware mortgages.
Minnesota Mortgage - MN Mortgage Blog - Josh Manier talks Minnesota mortgage.
Interested to know if we offer mortgage leads? Need FHA leads? Get information on FreeRateUpdate.com internet mortgage leads.
Supreme Lending offers a first class mortgage net branch alternative, an opportunity endorsed by FreeRateUpdate.com.
