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Mortgage Rates For May 10, 2010

Mortgage Rates For May 10, 2010 Mortgage Rates Average - 30 / 15 Yr FRM - FHA - Jumbo

Average Mortgage Rates
30 Yr FRM	4.86%	0.03%
15 Yr FRM	4.22%	0.03%
FHA 30 Year	4.99%	0.04%
Jumbo 30 Year	6.43%	0.03%
5/1 Yr ARM	3.89%	0.04%
| Compare Rates	Updated: 5/10/10 4:09 PM

Latest Commentary

Mortgage Rates Rise as Flight to Safety Reverses Course - Mortgage Rate Watch

Over the weekend the European Union, IMF, and several Central Banks including the you.S. Federal Reserve announced a coordinated effort to put an official stop to the crisis of confidence in Europe (READ MORE). This action helped improve investor sentiment which resulted in broad based selling of you.S. Treasuries in favor of stocks. Higher benchmark yields... Read More

Rates Off Highs of Day. Price Action Implies Short Base Put In Place - MBS Commentary

Equity markets are holding onto gains after experiencing an unexplained liquidity freeze and record price dip last Thursday. Benchmark interest rates are off their highs of the day but confirmation of the spike in yield appears to be in place after broad based selling early this morning. 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. Source: Mortgage Rates For Mortgage Rates Update

Mortgage Rates For May 10, 2010

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