New Home sales are down in October as reported by the Mortgage Bankers Assocition. New purchase apps were down by 2.1%.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.94% (-0.02%)
• 15-year (FRM) rates at 4.44% (-0.02%)
• FHA 30-year Fixed rates at 4.47% (-0.03%)
• Jumbo 30-year Fixed rates at 4.57% (-0.01%)
• 5/1 ARM rates at 4.71% (-0.02%)
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RBS Citizens
Clifton Park, NY