Tomorrow is the always-anticipated Fed announcement; which includes a press conference with Fed Chair Powell. This can lead to plenty of volatility for mortgage rates Wednesday, post Fed forecasts and press conference, as well as a mark in the sand for trends over the next couple weeks (good or bad). As of today, however, rates dropped again for the second day in a row.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 4.69% (-0.03%)
• 15-year (FRM) rates at 4.23% (-0.04%)
• FHA 30-year Fixed rates at 4.25% (0.00%)
• Jumbo 30-year Fixed rates at 4.42% (-0.04%)
• 5/1 ARM rates at 4.63% (-0.05%)
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RBS Citizens
Clifton Park, NY