Mortgage Rates 7-20-2020 Lender411

By Lydia Lender Updated on 7/20/2020

Rates moved more than two basis points in a day, and tiny movements like this over such a long period are not the norm. This movement can make one think that there's little to lose by choosing to either lock or float. But be aware that the pandemic's implications on the economy have yet to be understood. 

 

 

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30-year (FRM) rates at 2.91% (0.00%)

15-year (FRM) rates at 2.58% (-0.02%)

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

Jumbo 30-year Fixed rates at 3.85% (0.00%)

5/1 ARM rates at 2.75% (0.00%)