The following information is current as of Friday 6-15-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting to educate your "on the fence" Buyer), please review these trends and secure an historically low interest rate before it is too late.
The market closed Thursday with a WORSENING to pricing (and will typically warrant a pricing adjustment by most Lenders). Thursday's WORSENING resulted in a change of 3 basis points (bps).
Foreign buying of T-bonds for Apr: Actual 37.3b, Last 20.5b.
Capacity utilization for May: Actual 79.0%, Consensus 79.2%, Last 79.2%.
Industrial output for May: Actual -0.1%, Consensus 0.1%, Last 1.1%.
Sentiment: Consensus 77.5, Last 79.3.
Conditions: Consensus 85.3, Last 87.2.
7:30: ECRI weekly index: Last 121.6.