Mortgage Rates Today

Current Mortgage Rates Today – HSBC lowers rates while KeyBank raises them

ARM Chart

(Best Syndication News) Mortgage interest rates were nearly unchanged today as secondary lenders post mixed required net yield rates (see the mortgage rate charts below). Bank of America and HSBC lowered their loan rates while KeyBank and SunTrust raised them.


Stocks advanced Thursday after the U.S. Department of Labor released a better-than-expected initial jobless claims number. The Labor Department said that 370,000 Americans filed for initial jobless claims last week. That is 25,000 fewer than the previous week and below analyst expectations of 385,000.

Current Mortgage Rates Today – PNC and Wells Fargo Lower Rates

15-Year Mortgage Rate

(Best Syndication News) Mortgage interest rates slipped as equities sank and then advanced later in the session (see the mortgage charts below). Nearly all of the major banks, including JPMorgan Chase, KeyBank, Bank of America, and Wells Fargo, lowered their loan rates.


The Dow muddled around the par mark throughout the day before closing slightly higher by the closing bell. Factory orders and a positive service index figure helped stave-off fiscal cliff fears – at least temporarily. The three major stock indexes moved lower but shifted higher mid-morning before leveling-out throughout most of the day.

Current Mortgage Rates Today – Bank of America and Citibank Lower Loan Rates

VA Loan Rate

(Best Syndication News) Mortgage interest rates trended lower today as secondary lenders competed in the capital markets (see the mortgage rate charts below). JPMorgan Chase, KeyBank, Bank of America, and Citibank were among the banks lowering their rates.


Pessimism spread through the equity markets as very little progress was made in Washington concerning the fiscal cliff. The Whitehouse rejected a proposal by Republicans prompting House Speaker John Boehner to tell reporters that the ball is back in President’s court.

Current Mortgage Rates Today - U.S. Bank and SunTrust raise their rates

FHA Chart

(Best Syndication News) Mortgage interest rates were higher today after investors and secondary lenders assessed new economic reports (see the mortgage rate charts below). SunTrust, U.S. Bank, JPMorgan Chase, and KeyBank were among the banks making changes.


Good news concerning manufacturing in China provided early confidence for Wall Street traders, but a negative number from the United States deflated the optimism. Lingering fiscal cliff worries also weighed on stocks throughout the session.

Current Mortgage Rates Today – JPMorgan Chase and PNC lower rates

graph of 30-year FRM

(Best Syndication News) All of the major banks lowered their mortgage interest rates despite a rise in the secondary lending markets (see the mortgage rate charts below). Bank of America, JPMorgan Chase, Citigroup, PNC, SunTrust and other banks made changes.


Stocks were mostly lower throughout the session Friday as fiscal-cliff talks stalled in Washington. President Barack Obama told a group of employees at a toy factory that if an agreement is not reached by December 31st, income taxes could increase $2,200 for a family of four next year.

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