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Rate APR Points
Conf 5/1 ARM
2.750% 3.217% 0.000
Conv. 15 Yr Fixed ($320,000 loan, $400,000 value)
2.750% 2.838% 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
Feb 10 2016, 08:44AM MT
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Today's Interest Rate News

February 10, 2016; 8:54am

Good morning!

Interest rate trends: Today – Slightly higher; 10 days – Lower; 25 days – Lower

Interest rate recommendation:  Locking bias     

Mortgage Bonds (MBS’s) continue have taken some correction this morning, along with Equities (Stocks).  However MBS’s are better now than they were an hour ago and appear to be improving from early morning highs.  Mme. Chair Janet Yellen is testifying before Congress at this time.  We have changed to a locking bias, but we are watching MBS’s very closely and if they keep improving from earlier highs, we will wait and see what happens throughout the day.  No economic reports due out today, interest rates will react to Yellen and stocks today.  We’ll be watching them very closely.  Interest rates remain at great levels.  Have a great day!