Mortgage Rates 10-9-2020 Lender411

By Lydia Lender Updated on 10/9/2020

The bond market drives interest rates, and it has the habit of reacting to big news that impacts the economy. Presently, bonds must wait for new developments, namely the vaccine and the results from the election.

 

Bookmark this page for mortgage rates:

 

30-year (FRM) rates at 3.04% (+0.03%)

15-year (FRM) rates at 2.45% (+0.04%)

FHA 30-year Fixed rates at 2.39% (+0.02%)

Jumbo 30-year Fixed rates at 3.35% (-0.03%)

5/1 ARM rates at 2.83% (+0.04%)