Mortgage Rates 01-08-2018

By Joy Green Updated on 1/8/2018

As the bond market has started making moves upwards today, we can relate this to the terrible day they had Friday. This caused the current week to start out at a small disadvantage as seen on this morning's rate sheets. Throughout the day bonds have weakened even more. A handful of lenders have also issued updated rate sheets today with even higher rates. LOs suggest locking loans early in the process as there isn’t much motivation for markets to improve. 

 

Bookmark this page for mortgage rates:

 

• 30-year (FRM) rates at 4.09% (+0.03%)
• 15-year (FRM) rates at 3.42% (+0.01%)
• FHA 30-year Fixed rates at 3.75% (0.00%)
• Jumbo 30-year Fixed rates at 4.25% (+0.04%)
• 5/1 ARM rates at 3.23% (+0.02%)