Just that quickly, mortgage rates are already back down to three-year lows. The rally in bonds and drastic fall in DOW have everything to do with today's numbers.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.60% (-0.05%)
• 15-year (FRM) rates at 3.30% (-0.04%)
• FHA 30-year Fixed rates at 3.35% (-0.03%)
• Jumbo 30-year Fixed rates at 3.71% (-0.04%)
• 5/1 ARM rates at 3.42% (-0.08%)
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