Markets changed little since Friday to account for the rise in rates that day. We're guessing this reaction is due to the Federal Housing Finance Agency's sudden action last week that doesn't have many lenders pleased. We'll have to play the waiting game once more to see how all this unfolds.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 3.21% (-0.02%)
15-year (FRM) rates at 2.62% (-0.03%)
FHA 30-year Fixed rates at 2.38% (0.00%)
Jumbo 30-year Fixed rates at 3.68% (-0.02%)
5/1 ARM rates at 3.25% (0.00%)
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RBS Citizens
Clifton Park, NY