My Real Estate Blog

May 25th, 2010 6:49 AM

Wary of a volatile stock market and concerned about by European debt woes, investors moved to bonds last week pushing bond prices up and mortgage rates down. Mortgage rates, which move the opposite direction of mortgage-backed securities prices, had wavered just below 5% for much of the year until last week's big decline. Mortgage rates today are even lower than levels December of last year.

Today's Mortgage Rates - currently available to well-qualified consumers at a standard .07 to 1 point origination.

  • 30-yr fixed-rate - 4.500%

  • 15-yr fixed-rate - 4.000%

  • 5/1 ARM rate - 3.500%

  • FHA 30-yr fixed-rate - 4.375%

  • FHA 15-yr fixed-rate - 4.00%

  • FHA 5/1 ARM rate - 3.500%

  • VA 30-yr fixed-rate - 4.625%

  • Jumbo 30-yr fixed-rate - 5.500%

  • Jumbo Conforming 30-yr fixed-rate - 4.750%
Posted by Jim McCowan on May 25th, 2010 6:49 AMPost a Comment (0)
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