This morning’s positive employment figures were influential enough for stock markets to recover some of that they lost yesterday and boost Treasury yields. Typically, we’d see it feed into higher mortgage rates. But these are far from standard times. Thus, the confidence to make predictions is low.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.86% (+0.01%)
15-year (FRM) rates at 2.40% (+0.01%)
FHA 30-year Fixed rates at 2.45% (-0.01%)
Jumbo 30-year Fixed rates at 3.53% (-0.01%)
5/1 ARM rates at 2.81% (+0.06%)
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RBS Citizens
Clifton Park, NY