Daily Rate Update: 1/5/2011

Daily Rate Update: 1/5/2011: "

Average Mortgage Rates TODAY YESTERDAY CHANGE 30 Yr FRM 4.86 4.83 0.03% 15 Yr FRM 4.21 4.19 0.02% FHA 30 Year 4.75 4.71 0.04% Jumbo 30 Year 5.78 5.76 0.02% 5/1 Yr ARM 3.95 3.94 0.01% » View Current Mortgage Rates » Compare Mortgage Rates Updated: 1/5/11 6:17 PM Jan 5, 2011 6:16PM Mortgage Rates: ADPJobs Preview Pushes Closing Costs Higher Yesterday, we wrote 'the release of the ADP Employment Report in the morning could provide some directional guidance because that data tends to be a preview of things to come in the Employment Situation Report (to be released Friday morning at 8:30am).' Today, we've seen what borders on a worst-case-scenario transpire with respect to that data. Read More More From MND More Reprices Possible as Short Sellers Take Over. MBS Drift Lower and Wider Reprices Reported as Volatility Returns to Bond Market. Rates Fighting for Foothold MBS MID-DAY: 1/5/2011 Strong ADP Print Implies Upward Revisions Needed on NFP Estimates Dovish FOMC Minutes Indicate QEII Will Run Its Course. Market on Data Watch The Day Ahead: ADP Employment Report, ISM Non-Manufacturing Index, Fed Speak Mortgage Rates: Focus Remains on Friday. ADP Jobs Data Provides Preview View: Front Page | Headline Viewer Video News Zandi Says `No Impediment' to Hiring by U.S. Businesses Greenback Rally Coming? 112th Congress & Your Money »View More Video News Follow Rates Daily On: RSS Twitter Facebook Mobile Apps Helpful Links Current Mortgage Rates Daily Rate Movements Historic Mortgage Rates Tools Bank Strength Ratings Mortgage Rate FAQ's Mortgage Calculator Forward Know someone who might be interested in this email? Forward it. Subscribe Would you like to receive our Daily Rate Update by Email? Subscribe Now. Front Page | Headline Viewer | Video | Forums | Q&A | Market Data | Rates | Marketplace : Consumer - Industry &copy 2011 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031 This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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