Covid remains the main driving force behind market trends. That's generally been great for interest rates, but it means rates could gradually rise as we battle back against the virus. So far they remain steady and relatively low. Time will tell which way they’ll be nudged as the new administration begins its fight against the pandemic.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.87% (-0.01%)
15-year (FRM) rates at 2.40% (-0.01%)
FHA 30-year Fixed rates at 2.35% (-0.01%)
Jumbo 30-year Fixed rates at 3.35% (+0.03%)
5/1 ARM rates at 2.30% (-0.01%)
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RBS Citizens
Clifton Park, NY