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Mortgage Rates 12-03-2018 Lender411

By Joy Green Updated on 12/3/2018

7-year highs, back down to 2-month lows - mortgage rates are decreasing furiously! Although todays numbers did not improve for the average lender, rates did manage to hold steady between the gap in mortgage rates between 10/2 and 10/3, bringing them back down to the 2-month low. This movement makes us hopeful that Markets are giving much consideration in the way of a broader correction to the mortgage rates (rates going down). 


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• 30-year (FRM) rates at 4.85% (-0.01%)

• 15-year (FRM) rates at 4.37% (0.00%)

• FHA 30-year Fixed rates at 4.37% (0.00%)

• Jumbo 30-year Fixed rates at 4.54% (0.00%)

• 5/1 ARM rates at 4.75% (0.00%) 

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Joy Green
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