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Mortgage Rate Trends

Mortgage Rate Trends:

The Week's National* Conforming Loan Averages (BankRate avg.):

30 year fixed: 5.09%Down

15 year fixed: 4.81%Up

5/1 ARM: 4.78% Down

30 year Jumbo: 6.46% Down

5/1 Jumbo ARM: 5.34%Down

FHA and VA 30 year fixed rate loans have seen a rise this week- expect note rates to be in the range of 5.25 to 5.50 percent throughout the rest of the week.

Rural housing rates will likely remain in the range of 5.25 to 5.375 percent for a 30 year fixed rate mortgage

Posted by Phil DePasquale on 03/27/2009 12:30 PM

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