Mortgage Rates 05-07-2019 Lender411

By Joy Green Updated on 5/7/2019

Mortgage rates have dropped for the second day in a row this week, making rates lowest in over a month. The China trade tweets Trump sent out over the Cinco de Mayo weekend has certainly played into the drop in mortgage rates. 

 

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• 30-year (FRM) rates at 4.20% (-0.09%)

• 15-year (FRM) rates at 3.91% (-0.06%)

• FHA 30-year Fixed rates at 4.00% (0.00%)

• Jumbo 30-year Fixed rates at 4.12% (-0.04%)

• 5/1 ARM rates at 4.08% (+0.03%)