The foreclosure inventory dropped by 6,000 --down by 71,000 from last year --to a new current inventory of 181,000. The CARES Act mandate of foreclosure suspension is likely the reason for these low numbers.
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30-year (FRM) rates at 3.01% (-0.03%)
15-year (FRM) rates at 2.57% (-0.02%)
FHA 30-year Fixed rates at 2.42% (-0.02%)
Jumbo 30-year Fixed rates at 3.38% (-1.02%)
5/1 ARM rates at 2.79% (0.00%)
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