Mortgage Rates 1-8-2021 Lender411

By Lydia Lender Updated on 1/8/2021

With the Democrats controlling the Senate, a bigger stimulus is expected and will likely push rates higher. But we must keep in mind the covid-driven economic realities that continue to hold rates down.  Jobs growth is sluggish so we can expect Fed assistance in the form of their bond-friendliness to continue. 

 

Bookmark this page for mortgage rates:

 

30-year (FRM) rates at 2.88% (+0.02%)

15-year (FRM) rates at 2.39% (0.00%)

FHA 30-year Fixed rates at 2.28% (+0.03%)

Jumbo 30-year Fixed rates at 3.27% (+0.02%)

5/1 ARM rates at 2.44% (+0.05%)