Mortgage Rates 07-05-2018 Lender411

By Joy Green Updated on 7/5/2018

As financial markets return from the mid-week holiday, mortgage rates were somewhat higher today. Stocks remain in a holding pattern amidst trade war anxiety, related to the implementation of the new tariffs scheduled to be placed on China at midnight. If this isn't enough to cause validity in the market, the big jobs report is scheduled for 8:30am ET tomorrow, July 6th. Loan originators remain heavily-biased toward locking as opposed to floating.

 

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• 30-year (FRM) rates at 4.69% (+0.01%)

• 15-year (FRM) rates at 4.15% (+0.02%)

• FHA 30-year Fixed rates at 4.39% (+0.01%)

• Jumbo 30-year Fixed rates at 4.65% (-0.01%)

• 5/1 ARM rates at 4.00% (0.00%)