After last week’s tariff-related news, stocks and interest rates fell - mostly due to fear from investors that the tariff announcement could cause more economic harm than good. Although, today's statements by congress spokespeople opposed the currently written Tariff plan - Stock prices and bond yields rose today in accordance to the concern.
Bookmark this page for mortgage rates:
• 15-year (FRM) rates at 3.93% (+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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Clifton Park, NY