Mortgage rates have been increasing slowly, but steadily, which was a recipe for the highest rates we've seen in just about a month. Although today rates were just slightly lower ahead of the Jobs Report released at 8:30am ET tomorrow, we tend to see volatility around the market during/concluding the announcement. The small rally in bonds today could assist in easing the rates, but Loan Originators are still in favor of staying on the safe side and locking loans closing within 30 days.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.70% (0.00%)
• 15-year (FRM) rates at 4.18% (0.00%)
• FHA 30-year Fixed rates at 4.38% (-0.01%)
• Jumbo 30-year Fixed rates at 4.35% (0.00%)
• 5/1 ARM rates at 4.01% (-0.01%)
Didn't find the answer you wanted? Ask one of your own.
Ask our community a question.
Searching Today's Rates...
Featured Lenders