As mortgage rates have continued to climb, today marks a new 6-month high. The bond markets were showing signs of support (Bond markets underlie rate movement) as early as opening bell this morning. The 10-year bond serves as a significant benchmark for any long-term interest rate in the US.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.15% (+0.01%)
• 15-year (FRM) rates at 3.46% (+0.01%)
• FHA 30-year Fixed rates at 3.75% (0.00%)
• Jumbo 30-year Fixed rates at 4.30% (+0.01%)
• 5/1 ARM rates at 3.22% (+0.02%)
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