Mortgage rates held firm through closing bell, Tuesday. This allowed rates to keep their "lowest levels in more than a moth" title. The events in the coming days and weeks ahead will most likely be the determining factors. The fact that mortgage rates have not improved, could be taken as a sign of resistance in the underlying bond market.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.71% (+0.02%)
• 15-year (FRM) rates at 3.35% (+0.01%)
• FHA 30-year Fixed rates at 3.33% (0.00%)
• Jumbo 30-year Fixed rates at 3.79% (+0.01%)
• 5/1 ARM rates at 3.40% (+0.02%)
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