Mortgage rates are low; lower than they have been in over a month for most lenders. But are rates as low as they could be? MBS prices are currently just over 104, but in the first week of March (when the average lender was at all-time low rates), prices were just under 103!
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.22% (+0.03%)
• 15-year (FRM) rates at 3.05% (+0.04%)
• FHA 30-year Fixed rates at 3.25% (0.00%)
• Jumbo 30-year Fixed rates at 4.40% (0.00%)
• 5/1 ARM rates at 4.04% (+0.02%)
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