Home purchases are slowly back on the rise. Fannie Mae released January's National Housing Survey which reported a 1.2 point increase, driven by factors such as higher income.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.48% (-0.06%)
• 15-year (FRM) rates at 4.08% (-0.04%)
• FHA 30-year Fixed rates at 4.15% (-0.04%)
• Jumbo 30-year Fixed rates at 4.33% (-0.03%)
• 5/1 ARM rates at 4.39% (-0.02%)
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