Mortgage rates haven't moved much at all recently. Most lenders didn't move enough from yesterday for there to be any obvious transformation in today's rate sheets. It's just another day with the lowest rates of the year.
In part, the indirect grind is a symptom of the summertime trading environment for bond markets. Traders tend to take stronger stands heading into the Fall months and upcoming events will provide more motivation for movement.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 3.95% (+0.01%).
• 15 year (FRM) rates at 3.23% (+0.00%).
• FHA 30 year Fixed rates at 3.60% (+0.00%).
• Jumbo 30 year Fixed rates at 4.23% (+0.01%).
• 5/1 ARM rates at 3.21% (+0.00%).
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RBS Citizens
Clifton Park, NY