It looks as though the exceptionally massive drop in mortgage rates, to new all-time lows, has come to a halt. The last 2 days have seen back-to-back rate increases, almost back up to long-term lows seen in 2012 September. Over the next few days, we may see a shift in momentum, depending on how coronavirus news/outbreak continues to affect the economy.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.19% (+0.06%)
• 15-year (FRM) rates at 2.91% (+0.03%)
• FHA 30-year Fixed rates at 2.88% (0.00%)
• Jumbo 30-year Fixed rates at 3.33% (+0.08%)
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