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Mortgage Rates 01-26-2018

By Joy Green Updated on 1/26/2018

Another day on record of mortgage rates increasing, leading to a 9 month high. The fact that bond markets ended the week in the same volatile state as last week, increases the cost for lenders to guarantee any given rate. Although we did see some positive movement on Tuesday and Thursday of this week, they were quickly shattered with new long-term highs the next days to come. Professionals suggest to lock early and plan on rates moving higher until there is a broad shift in momentum.  




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• 30-year (FRM) rates at 4.28% (+0.03%)
• 15-year (FRM) rates at 3.65% (+0.03%)
• FHA 30-year Fixed rates at 4.05% (+0.05%)
• Jumbo 30-year Fixed rates at 4.41% (+1.03%)
• 5/1 ARM rates at 3.34 (+0.03%)

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About The Author:
Joy Green
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