Mortgage Rates 05-18-17

By Lisa Robison Updated on 5/18/2017

When bond markets have a day like they had yesterday, it's often followed by a correction. If there is a true rally, there would be a temporary correction, lasting one day and wouldn't erase more than half of the previous day's gains. In the case of a head-fake rally, the correction would erase a majority, if not all of it.

It is impossible to tell which one of the two we are looking at base on today's trading levels.

Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 3.99% (+0.00%).
• 15 year (FRM) rates at 3.25% (+0.01%).
• FHA 30 year Fixed rates at 3.75% (+0.00%).
• Jumbo 30 year Fixed rates at 4.28% (+0.00%).
• 5/1 ARM rates at 3.07% (+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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