Mortgage Rates 6-15-2020 Lender411

By Lydia Lender Updated on 6/15/2020

Optimism was mostly due to the need of refinancing, which  surpassed a perceived drop in mortgage applications. The reported demand growth for refis over the prior three months remained stable for all loan types, including GSE-eligible, non-GSE-eligible, and government. Growth expectations for the following three month periods decreased from last quarter but prevailed high for all loan types. 

 

 

 

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30-year (FRM) rates at 2.96% (+0.01%)

15-year (FRM) rates at 2.53% (-0.02%)

 

FHA 30-year Fixed rates at 2.50% (0.00%)