Notable Federal changes every lender should know: 2% inflation now has a specific goal of "moderately above 2% so that it averages 2% over time and bond-buying now considered an "accommodative financial condition that supports the flow of credit to households and businesses.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 3.04% (+0.01%)
15-year (FRM) rates at 2.55% (+0.05%)
FHA 30-year Fixed rates at 2.40% (+0.02%)
Jumbo 30-year Fixed rates at 3.50% (+0.03%)
5/1 ARM rates at 2.79% (-0.01%)
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