Mortgage rates are continuing to move up and analysts are suggesting rates still have not reached their ceiling. Today has been another tough day as mortgage rates continue moving up into a new 4-year highs. Loan Officer’s suggesting locking now based on the slipperiness of the bond market as evidence the rates have not yet peaked.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.69% (+0.05%)
• 15-year (FRM) rates at 4.06% (+0.04%)
• FHA 30-year Fixed rates at 4.50% (+0.05%)
• Jumbo 30-year Fixed rates at 4.70% (+0.01%)
• 5/1 ARM rates at 3.77% (-0.03%)
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