Today, the bond markets might not have a stellar performance. The ongoing rally has been confirmed.
Considering that we're beginning the day in stronger territory and yesterday was the first time all year we have seen a consecutive close under 2.17%, we are far from giving up hope on a broader move toward lower yields.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 4.00% (+0.04%).
• 15 year (FRM) rates at 3.26% (+0.03%).
• FHA 30 year Fixed rates at 3.70% (+0.05%).
• Jumbo 30 year Fixed rates at 4.29% (0.04%).
• 5/1 ARM rates at 3.07% (+0.02%).
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