Tuesday, September 15, 2009

Mortgage Rates Hold Steady


Today's mortgage rates held steady tas the benchmark 10 year treasury yield, the best indicator for fixed mortgage rates, rose slightly to 3.45 percent (+1.53 percent) .

Today's 30 year fixed mortgage rates are as low as 4.875 percent at par, where they've remained since September 3rd. Today's 15 year fixed mortgage rates are as low as 4.25 percent at par. Today's 5/1 ARM mortgage rates are as low as 3.75 percent at par.

Par rates include normal points and fees.

Zillow is the latest to report mortgage rates averaging under 5 percent.

Freddie Mac releases their average 30 year fixed mortgage rates report every Thursday.

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