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Friday, October 16, 2009

Mortgage Rates Today 10/16/09 October 16, 2009

Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.

Loan Type - Interest Rate - APR - 10/16/09

30-Year Fixed 5.000% 5.191%
30-Year Fixed FHA 5.500% 6.245%
15-Year Fixed 4.500% 4.826%
5-Year ARM 3.625% 3.720%
5-Year ARM FHA 3.750% 3.342%

Jumbo Loan Rates - APR - 10/16/09

30-Year Fixed 5.750% 5.895%
5-Year ARM 5.000% 4.176%

For Previous Mortgage Rates - Click Here

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