Mortgage rates in general today, remained unchanged due to the high volatility in the market. The unbridled refinance demand has created more risk than good for lenders, as they remain hesitant to pay what they normally would for mortgages, causing rates to ramp up, and decline.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.62% (+0.15%)
• 15-year (FRM) rates at 3.40% (-0.20%)
• FHA 30-year Fixed rates at 3.13% (-0.25%)
• Jumbo 30-year Fixed rates at 4.54% (+0.25%)
• 5/1 ARM rates at 4.37% (+0.50%)
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RBS Citizens
Clifton Park, NY