Mortgage rates have seen a bit of up and down movement today, concluding the bi-yearly testimony by Fed Chair, Jerome Powell. Although the Chair didn’t definitively say we can expect rate cuts, he surly avoided any of the pushback for rate cut expectations.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.82% (+0.01%)
• 15-year (FRM) rates at 3.57% (+0.01%)
• FHA 30-year Fixed rates at 3.58% (+0.01%)
• Jumbo 30-year Fixed rates at 3.88% (0.00%)
• 5/1 ARM rates at 3.62% (0.00%)
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