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Rate APR Points
Conf 5/1 ARM
2.875% 3.361% 0.000
Conv. 15 Yr Fixed ($320,000 loan, $400,000 value)
2.750% 2.802% 0.000
FHA 30 Yr Fixed ($289,500 loan, $300,000 value)
3.250% 4.258% 0.000
Conv. 30 Yr Fixed ($320,000 loan, $400,000 value)
3.500% 3.560% 0.000
Jumbo/High Balance 30 Yr Fixed ($600,300 limit, Salt Lake & Summit Counties)
3.625% 3.663% 0.000
Apr 29 2016, 08:36AM MT
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Today's Interest Rate News

April 29, 2016; 8:36am

Good morning!

Interest rate trends: Today – Flat; 10 days – Higher; 25 days – Flat

Interest rate recommendation:  Locking bias

Mortgage Bonds (MBS’s) start the day off slightly worse to flat this morning, similar to yesterday and the day before.  The difference is the last two days we saw improvement towards the end of the day and although we hope for that to happen again today, we are being conservative and taking a locking bias recommendation and enjoy the improved pricing we are seeing now.  In economic data this morning there wasn’t anything exciting, most reports were close to expectations and thus not much market movement.  Lock and enjoy!  Have a great day and nice weekend!