Mortgage Rates - May 20, 2010

Mortgage Rates 20 2010 - Politics, Business, Civil, History - Posted: 21st May, 2010 - 4:02pm

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Post Date: 21st May, 2010 - 4:02pm / Post ID: #

Mortgage Rates - May 20, 2010

Mortgage Rates For May 20, 2010
Mortgage Rates Average - 30 / 15 Yr FRM - FHA - Jumbo

Average Mortgage Rates
30 Yr FRM 4.77% -0.03%
15 Yr FRM 4.09% -0.03%
FHA 30 Year 4.80% -0.02%
Jumbo 30 Year 6.32% -0.03%
5/1 Yr ARM 3.76% -0.05%
| Compare Rates Updated: 5/20/10 5:29 PM

Latest Commentary
Mortgage Rates Approaching Record Lows Thanks To Continued Flight to Safety - Mortgage Rate Watch
The flight to safety continued today as stocks fell around moved lower around the world. This sent benchmark Treasuries to their lowest yields of the year and helped mortgage-backed security prices move higher. Mortgage rates improved once again thanks to the "flight to safety". We are seeing the best rate sheets of 2010 today and I continue... Read More
Why We'd Lock Most Of Our Pipeline In the Near Term Future - MBS Commentary
The bottom line is that it's more likely to hold than not. And if you're "playing the range until the range plays you," this is the last stop on the train for both MBS and treasuries. Put it this way... Until/unless these outer limits break, this is the most significant argument for a lock bias so far this year. Feel free to sprinkle... Read More

Provided by Mortgage News Daily

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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