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Mortgage Rates 06-11-2018 Lender411

By Chantelle Stein Updated on 6/11/2018

Over the past 3 weeks the bond market has survived the political controversy in Italy, but also created much of the volatility. With the Fed Chair, Jerome Powell’s, announcement on Wednesday will possibly add to the volatility in the market. Loan Originators suggest mortgage rates will increase slightly this week, and borrowers should take action, locking in rates ASAP.

 

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• 30-year (FRM) rates at 4.70% (+0.02%)

• 15-year (FRM) rates at 4.14% (+0.03%)

• FHA 30-year Fixed rates at 4.45% (+0.03%)

• Jumbo 30-year Fixed rates at 4.73% (+0.03%)

• 5/1 ARM rates at 3.95% (+0.01%)

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Chantelle Stein
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