Rates moved more than two basis points in a day, and tiny movements like this over such a long period are not the norm. This movement can make one think that there's little to lose by choosing to either lock or float. But be aware that the pandemic's implications on the economy have yet to be understood.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.91% (0.00%)
15-year (FRM) rates at 2.58% (-0.02%)
FHA 30-year Fixed rates at 2.50% (0.00%)
Jumbo 30-year Fixed rates at 3.85% (0.00%)
5/1 ARM rates at 2.75% (0.00%)
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