MBS has decisively outperformed, making it easier for lenders to avoid climbing rates. However, spreads are building negative momentum in Treasuries, and it increasingly translates to MBS. Stimulus-related headlines may also be to blame for this volatility.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 3.04% (+0.01%)
15-year (FRM) rates at 2.59% (+0.02%)
FHA 30-year Fixed rates at 2.44% (+0.01%)
Jumbo 30-year Fixed rates at 3.40% (0.00%)
5/1 ARM rates at 2.79% (0.00%)
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RBS Citizens
Clifton Park, NY