Mortgage Rates 4-23-2020 Lender411

By Joy Green Updated on 4/23/2020

The day-to-day mortgage rate volatility is and can be expected during this COVID-19 pandemic. The Census Bureau and Department of Housing and Urban Development's March report, on new home sales is our first true look at how COVID-19 is effecting new home sales. The report indicated, "New home sales have hit their largest decline in seven years." 

 

 

Bookmark this page for mortgage rates:

 

 

• 30-year (FRM) rates at 3.25% (-0.08%)

• 15-year (FRM) rates at 3.10% (-0.22%)

• FHA 30-year Fixed rates at 3.50% (0.00%)

• Jumbo 30-year Fixed rates at 4.50% (+0.01%)

• 5/1 ARM rates at 4.22% (+0.02%)