Over the past four trading sessions, bond markets have been stuck in narrow. This is a major withdrawal from the strong movement seen in the week prior. This week’s economic calendar is pretty light until the Producer Price Index on Thursday and the Consumer Price Index on Friday.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 4.12% (-0.01%).
• 15 year (FRM) rates at 3.37% (+0.00%).
• FHA 30 year Fixed rates at 3.75% (+0.00%).
• Jumbo 30 year Fixed rates at 4.39% (-0.01%).
• 5/1 ARM rates at 3.20% (+0.00%).
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RBS Citizens
Clifton Park, NY