The remarkable recent run of two weeks without a surge had to stop eventually. Unfortunately, it happened on Friday, and it likely triggered by positive news about a potential treatment for COVID-19 cases. Considering that markets are eager for some good news amid the pandemic distress and, thus, react when it develops.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.93% (0.00%)
15-year (FRM) rates at 2.62% (0.00%)
FHA 30-year Fixed rates at 2.50% (0.00%)
Jumbo 30-year Fixed rates at 3.93% (0.00%)
5/1 ARM rates at 2.81% (-0.07%)
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