Rates are right back up to the high of nearly 3 weeks ago, even higher than yesterday. This is the result of several happenings, including the outlook on the Fed's rate hike, and the Treasury issuance increasing to cover the tax bill. Loan originators are still in favor of locking new applications closing within 30 days.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.65% (+0.02%) • 15-year (FRM) rates at 4.16% (+0.02%) • FHA 30-year Fixed rates at 4.38% (+0.01%) • Jumbo 30-year Fixed rates at 4.35% (+0.01%) • 5/1 ARM rates at 3.98% (+0.02%) |
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