Mortgage Rates 05-02-17

By Lisa Robison Updated on 5/2/2017

Mortgage rates are slightly higher today but still inline with the days prior. This trend stands out compared to the last trend that had taken rates lower since the middle of March. The best levels of the year was April 18th. At that time, most lenders were quoting conventional 30yr fixed rates at 4% on their top tier scenarios.

For the remainder of the week, Friday's Employment Situation and a couple of other big-ticket economic reports are the key motivators for rate movement.

Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 4.10% (+0.01%).
• 15 year (FRM) rates at 3.35% (+0.01%).
• FHA 30 year Fixed rates at 3.80% (+0.00%).
• Jumbo 30 year Fixed rates at 4.36% (+0.01%).
• 5/1 ARM rates at 3.10% (+0.02%).

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About The Author:

Lisa Robison

My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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