
Although mortgage rates have remained steady for several weeks, economic stress here in the U.S. and abroad in Europe is putting enough pressure on investors who are seeking safety and driving MBS prices higher. Freerateupdate.com’s daily survey of wholesale and direct lenders show that, except for jumbo 30 year fixed mortgage rates, all other mortgage rates have remained stable for the past week. Current 30 year fixed mortgage rates are at 4.250%, 15 year fixed mortgage rates are at 3.500%


