The greatest improvement last month was to FHA and VA loans. 12,000 loans in the Fannie Mae and Freddie Mac portfolios left forbearance. Biden’s COVID relief package was approved early this morning.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.83% (+0.02%)
15-year (FRM) rates at 2.32% (+0.01%)
FHA 30-year Fixed rates at 2.28% (0.00%)
Jumbo 30-year Fixed rates at 3.25% (-0.01%)
5/1 ARM rates at 2.25% (0.00%)
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RBS Citizens
Clifton Park, NY