Bonds Up; Income and Consumer Sentiment As Expected

Bonds were up today, mortgage rates should improve by about .375 to price. April Personal Income and Outlays report showed an increase in spending and income exactly as expected. The University of Michigan's Index of Consumer Sentiment showed a slightly higher reading than expected. Both reports did not bring anything surprising and as a result bonds improved.

Start here to compare mortgage rates from top lenders in our network.»

More Top Stories »

Mortgage Rates Will Move

Expect significant mortgage rate movement today with the release of CPI.

Mortgage Rates Drop

Mortgage rates drop again for the second straight week.

TARP Redirect Plunges MBS

US Treasury Secretary Paulson's sharp redirection on the objective of the TARP funds had a dramatic effect on overnight markets and the MBS market.

Veterans Day-Markets Closed

Mortgage rates stay flat on Monday and markets are closed today for Veteran's Day.

Mortgage Rates Fall for Week

Mortgage rates continue to fall, but rising unemployment and tightening lending standards are forcing borrowers to stay on the sidelines.

Mortgage Rates Back Down

30 year fixed rate mortgage is back down to 6 percent.

Mortgage Rate Watch

Yesterday was a good day for mortgage rates as they eased on the eve of Presidential election finality. However, today is likely to be a mortgage market referendum on President-elect Barack Obama.

Choppy Waters for Mortgage Rates

Not a lot of mortgage rate impacting news this week, but Presidential elections always do surprising things to markets.

National Rates

Loan Type Today
30 Year Fixed   5.62
15 Year Fixed   5.47
5/1 Adjustable   5.85

Get Your Rates »

Rates may contain points

Compare Rates

Browse Mortgage Rates