As of Friday, last week, mortgage rates are at all times low. However, only those "top tier" buyers will end up qualifying for the best pricing. Investors remain cautious, and points are making a fast and furious comeback to provide that added "security" they are looking for.
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%)
5/1 ARM rates at 3.44% (-0.01%)
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RBS Citizens
Clifton Park, NY