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Mortgage Rates 02-23-2018

By Chantelle Stein Updated on 2/23/2018

Two days in a row, mortgage rates have dropped. Looking at the last 3 months of 2018, this is rare and has only happed a few times. With the rate fluctuations from one day to the next, it's difficult to say "today was a good day for rates" when that day is followed by the worst day in more than 4 consecutive years. Although there hasn't been enough improvement in rates to conclude we will be seeing recovery soon, we could see that change as early as next week, if rates are consistent with this week. 


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• 30-year (FRM) rates at 4.53% (-0.04%)
• 15-year (FRM) rates at 3.90% (-0.02%)
• FHA 30-year Fixed rates at 4.33% (-0.02%)
• Jumbo 30-year Fixed rates at 4.55% (-0.01%)
• 5/1 ARM rates at 3.54% (0.00%)

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About The Author:
Chantelle Stein
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