Bond market trading have been a bit boring and flat this week. It may be due to the first week of summer and it's the kids first week out of school. Either way, it is a week without much significant economic data.
This can all change quickly of course. There are no guarantees in the financial markets and keeping an eye out for any threat to the baseline is recommended.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 3.98% (-0.01%).
• 15 year (FRM) rates at 3.25% (-0.01%).
• FHA 30 year Fixed rates at 3.65% (-0.05%).
• Jumbo 30 year Fixed rates at 4.25% (-0.01%).
• 5/1 ARM rates at 3.05% (-0.01%).
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RBS Citizens
Clifton Park, NY