Rates improved overnight and stayed on that course throughout the day, but, not by much of a notable amount. What will be notable is the lender's ability to handle the volume of loans that are pouring into the pipeline.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.88% (-0.01%)
15-year (FRM) rates at 2.50% (0.00%)
FHA 30-year Fixed rates at 2.38% (0.00%)
Jumbo 30-year Fixed rates at 3.72% (-0.03%)
5/1 ARM rates at 2.75% (0.00%)
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