Mortgage Rates continue to fall, despite the unemployment numbers continuing to go rise. Rates must be low to even attract buyers and owners looking to refinance. However, to offer more security to investors, the lender requirement’s for approval continue to tighten. A catch 22 for many American’s right now.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 3.09% (-0.04%)
15-year (FRM) rates at 2.74% (-0.01%)
FHA 30-year Fixed rates at 2.75% (0.00%)
Jumbo 30-year Fixed rates at 4.34% (0.00%)
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RBS Citizens
Clifton Park, NY