Mortgage rates are relatively unchanged today. Yesterday brought a spike in the middle of the day, which may be perceived that the latest downward trend s coming to an end. There may be a bounce in consideration. Trade flow has been a key motivating factor recently, and the spike in oil and stocks didn't help the situation. By the time next week rolls around, we should have more of an indication on whether this is a true directional shift, or if it's more to do with trade flow considerations. This week had also brought a large amount of new debt from corporations and governments. All things considered, we are waiting to see how the remainder of the week plays out. Check back tomorrow to get the most updated mortgage rates.
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• 30 year (FRM) rates at 3.63% (0.00%).
• 15 year (FRM) rates at 2.93% (0.00%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.56% (+0.01%).
• 5/1 ARM rates at 2.96% (0.00%).
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