To start the new month, and end last month of the Q2, mortgage rates are holding steady near the new all-time-lows, as seen in the last 2 weeks. The bond market benefited from strong demand at the end of May. The higher the demand, the higher the prices, and higher bond prices equate to lower mortgage rates.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 3.07% (+0.02%)
15-year (FRM) rates at 2.71% (+0.01%)
FHA 30-year Fixed rates at 2.70% (+0.02%)
Jumbo 30-year Fixed rates at 4.30% (0.00%)
5/1 ARM rates at 3.33% (+0.01%)
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