The NAR said this past Thursday that home prices continue to grow in every single of the 181 areas it tracks for their quarterly home price report. Both low mortgage rates and inventories of homes for sale are said to have contributed to the annual growth.
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30-year (FRM) rates at 2.98% (-0.03%)
15-year (FRM) rates at 2.45% (-0.03%)
FHA 30-year Fixed rates at 2.42% (-0.03%)
Jumbo 30-year Fixed rates at 3.35% (-0.07%)
5/1 ARM rates at 2.75% (-0.13%)
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