Mortgage Rates Today

Current Mortgage Rates Today – SunTrust and U.S. Bank make changes

Graph of 15-Year Rates

(Best Syndication News) Mortgage interest rates trended higher today as lenders adjusted their loan products to the changing benchmarks (see the mortgage rate charts below). Most lenders, including KeyBank, JPMorgan Chase, PNC and U.S. Bank, raised their rates, while SunTrust and Bank of America lowered them.


Stock markets closed higher Wednesday on a light holiday trading day. Black Friday sales are starting earlier than ever this year, with many stores opening Thanksgiving evening. Wal-Mart, Sears, and K-Mart opened at 8pm while Target opened at 9pm.

Mortgage Rates

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(Best Syndication News) External forces affect the mortgage interest rates charged by lenders. Competition for the capital markets is a driving force determining whether rates go up or down.

Best Syndication has tracked rates and some of the benchmarks affecting mortgage rates for several years. Bookmark this page for regular updates in our research.

Since most loans are sold before the end of their term, many lenders will use the 10-year note yield as a benchmark for their 30-year mortgage rate. The banks we polled said they use the 1-year LIBOR or the 6-month LIBOR to index their adjustable rate mortgages (ARMS).

Current Mortgage Rates Today – Citibank and Bank of America Raise Rates

Chart of VA Mortgage Rates

(Best Syndication News) Mortgage interest rates fell today as money flowed away from the government safe-havens (see the mortgage rate charts below). JPMorgan Chase, PNC, KeyBank, and U.S. Bank were among the lenders lowering their rates; however Citibank and Bank of America moved in the opposite direction.


Federal Reserve Chairman Ben Bernanke said that lawmakers need to solve the fiscal-cliff issue before the December 31st deadline. The central bank doesn’t have enough tools to deal with another recession next year, according to the Fed Chair.

Current Mortgage Rates Today – KeyBank and PNC raise their loan rates

Graph of FHA mortgage rates

(Best Syndication News) Mortgage interest rates advanced today as investors were optimistic that fiscal cliff negotiations will be fruitful (see the mortgage rate charts below). JPMorgan Chase lowered their rate, but most banks, including KeyBank and PNC, raise their loan rates.


Equity markets have been suffering from uncertainty surrounding the fiscal cliff – a series of tax increases and spending cuts that will occur if Congress and the Whitehouse fail to reach an agreement by December 31st 2012.

Current Mortgage Rates Today – Loan rates lower at JPMorgan Chase and U.S. Bank

chart conventional rates

(Best Syndication News) Mortgage interest rates fell despite a mixed-bag of secondary lending trends (see the mortgage rate charts below). JPMorgan Chase, SunTrust, Bank of America, and U.S. Bank all lowered their rates despite a shift back into equities.


Investor confidence improved as President Barack Obama and congressional leaders met on Friday to discuss a solution to the fiscal cliff. All four Senate and House leaders spoke to reporters following the meeting.

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