Mortgage Rates 11-02-2018 Lender411

By Joy Green Updated on 11/2/2018

Mortgage rates reach a new 7 year high this week. This has been a rough week for rates, including the strong jobs report data, reflecting a high amount of new jobs in October. Strong jobs data tends to work against mortgage rates and push them higher, which is just what we saw today. 

 

 

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• 30-year (FRM) rates at 5.04% (+0.07%)

• 15-year (FRM) rates at 4.52% (+0.06%)

• FHA 30-year Fixed rates at 4.55% (+0.09%)

• Jumbo 30-year Fixed rates at 4.54% (+0.08%)

• 5/1 ARM rates at 4.60% (+0.10%)