Friday marks the 3rd day in a row mortgage rates have increased this week. Strong jobs report certainly led to trader’s reaction in the bonds market today. However, on average mortgage rates are still below 3.5% for the first time since 2005, October.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.81% (+0.02%)
• 15-year (FRM) rates at 3.46% (+0.01%)
• FHA 30-year Fixed rates at 3.43% (+0.03%)
• Jumbo 30-year Fixed rates at 3.91% (+0.01%)
• 5/1 ARM rates at 3.48% (+0.02%)
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RBS Citizens
Clifton Park, NY