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Mortgage Rates 11-2-2020 Lender411

By Lydia Lender Updated on 11/2/2020

Rate lock-ins in September were nearly even with that in August. Purchase locks were down 2%, which is typical for the season. However, refinance locks were unchanged. Lock activity rose in October by 4% in the first half of the month. Purchase locks were up 6%, with refinancing locks rising by 3% month-over-month.


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30-year (FRM) rates at 2.99% (-0.01%)

15-year (FRM) rates at 2.55% (-0.01%)

FHA 30-year Fixed rates at 2.42% (-0.02%)

Jumbo 30-year Fixed rates at 3.36% (-0.02%)

5/1 ARM rates at 2.72% (0.00%)

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