Last Friday afternoon, mortgage rates were at their finest levels in roughly a month. Since then, they have risen humbly over the past two business days. The day-to-day movement continues to be very tame, as it has been for a while now. The definite interest rates at the top of loan quotes seldom change from one day to the next.
Rates seem to be attempting to push lower after increasing quickly from September through the beginning of October. The weakness over the past 2 days doesn't disrupt that effort, but that could change if the weakness continues for another day or two.Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 3.95% (+0.01%).
• 15 year (FRM) rates at 3.25% (+0.01%).
• FHA 30 year Fixed rates at 3.55% (+0.05%).
• Jumbo 30 year Fixed rates at 4.15% (+0.00%).
• 5/1 ARM rates at 3.20% (+0.00%).
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