New forbearance plans went up by 10,000 from last week but still lower than the weekly average of 32,000 we saw in December because many of these loans reset in the new year. About 370,000 active plans are set to be reviewed for extension or removal by the end of this month.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.88% (-0.02%)
15-year (FRM) rates at 2.41% (+0.01%)
FHA 30-year Fixed rates at 2.36% (+0.01%)
Jumbo 30-year Fixed rates at 3.32% (-0.03%)
5/1 ARM rates at 2.31% (-0.05%)
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RBS Citizens
Clifton Park, NY