Mortgage Rates 7-19-2013

If you are wondering whether mortgage rates are going up, the answer lies in today's rate behavior and the likelihood that this upward trend will continue. Mortgage rates yesterday rose for the first time in six business days. Are mortgage rates going to go down tomorrow? Mortgage rates continue to remain in low territory by historic standards and experts report they are optimistic that rates will remain mostly stable for awhile.

The 30 year fixed rate mortgage best execution rate is 4.44%, an upward movement of .03% from yesterday. Today's rates shifted closer to the 52-week high of 4.73%.

The 15 year fixed rate mortgage best execution rate is 3.65%,an increase of 0.02% from yesterday. The 52-week high is 3.83%..

The FHA 30 year fixed rate mortgage best execution rate maintained at at 4.25%.

The Jumbo 30 year fixed rate mortgage best execution rate rose to 4.53%, moving higher by 0.03%..

The 5/1 year Adjustable Rate Mortgage (ARM) best execution rate grew slightly, rising from 3.25% to 3.26% and moving nearer to the 52-week high of 3.37%.

Gretchen Wegrich

Gretchen Wegrich is an editor at Lender411. She specializes in mortgage basics, personal finance and green living. She graduated with a bachelor's degree in writing from University of California, San Diego and previously worked at the Santa Cruz Sentinel. Contact her at gretchen@lender411com.