As previously predicted, mortgage rate took a nose dive. Today the average lender rates are back to the highest they’ve been since May 17th, 2018. This date in May was most significant as it was marked as the date rates were at their highest since April 2011, now matching 7-year highs.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.78% (+0.04%)
• 15-year (FRM) rates at 4.25% (+0.03%)
• FHA 30-year Fixed rates at 4.46% (+0.04%)
• Jumbo 30-year Fixed rates at 4.38% (+0.01%)
• 5/1 ARM rates at 4.05% (+0.03%)
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