Mortgage rates have recovered slightly from last week’s hikes. 30yr fixed was up 25% in just a little less than a week. Although small adjustments are coming in slowly, any major moves lower will need a significant reason to do so.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 5.00% (-0.02%)
• 15-year (FRM) rates at 4.49% (-0.01%)
• FHA 30-year Fixed rates at 4.60% (-0.02%)
• Jumbo 30-year Fixed rates at 4.47% (-0.03%)
• 5/1 ARM rates at 4.36% (+0.01%)
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