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Mortgage Rates 07-06-16

By Lisa Robison Updated on 7/6/2016

Mortgage rates drop again today for the 8th consecutive day.  Rarely has a drop in rates exceeded this long of a rally.  We may be in for a bounce, or at least a pause.  The jobs report is due out Friday, and depending on the outcome of the report, the Fed may be adjusting it's outlook on raising rates. There are other economic reports due in the next few days as well.  For now, most lenders are offering 3.25% to 3.375% for 30 year fixed loan scenarios in he best case scenario.   Check back tomorrow for more up to the minute mortgage rates and news. 

Bookmark this page for daily mortgage updates: 

• 30 year (FRM) rates at 3.34% (-0.03%).
• 15 year (FRM) rates at 2.69% (-0.03%).
• FHA 30 year Fixed rates at 3.25% (+0.00%).
• Jumbo 30 year Fixed rates at 3.42% (-0.03%).
• 5/1 ARM rates at 2.81% (-0.03%).


About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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