Mortgage Rates did well last week, with most lenders getting close to long-term lows by Wednesday. However, volatility in the bond market caused some concern as we neared the end of the week. Today's trading soothed those concerns as the bond market held very close to Friday's latest levels.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.79% (-0.01%)
15-year (FRM) rates at 2.38% (+0.10%)
FHA 30-year Fixed rates at 2.25% (0.00%)
Jumbo 30-year Fixed rates at 3.28% (-0.02%)
5/1 ARM rates at 2.35% (0.10%)
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RBS Citizens
Clifton Park, NY