Refinances continue to dominate originations in January at a rate of 60%, which is slightly down at 1% from November but still up from 46% at this time last year.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.80% (-0.04%)
15-year (FRM) rates at 2.30% (-0.06%)
FHA 30-year Fixed rates at 2.30% (-0.04%)
Jumbo 30-year Fixed rates at 3.30% (-0.01%)
5/1 ARM rates at 2.25% (-0.07%)
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RBS Citizens
Clifton Park, NY