Mortgage rates continued to drop slightly today, keeping the 2-month low titles intact. Loan originators, however, remain uneasy as to if October/November 7 year highs were a long-tern ceiling or if the current 2-month lows are simply a slight correction before higher ceiling(s) to come.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.82% (-0.03%)
• 15-year (FRM) rates at 4.35% (-0.02%)
• FHA 30-year Fixed rates at 4.33% (-0.04%)
• Jumbo 30-year Fixed rates at 4.52% (-0.02%)
• 5/1 ARM rates at 4.73% (-0.02%)
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RBS Citizens
Clifton Park, NY