Thursday, September 3, 2009

Today's Mortgage Rates are Steady and as low as 4.875 % Fixed for 30 Years.

Today's mortgage rates are steady following a slight up tic in the benchmark 10 year yield. The yield rose from 3 to 3.3 today. Mortgage rates were up marginally as current 30 year fixed mortgage rates are as low as 4.875% at par. Par includes regular points and fees. 15 year fixed mortgage rates are as low as 4.375%. 5/1 ARM's are as low as 3.875%. Freddie Mac reported average 30 year fixed mortgage rates at 5.08% this week down from last week.

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