Mortgage Rates 7-24-2020 Lender411

By Lydia Lender Updated on 7/24/2020

If you’re thinking that mortgage rates are moving only one direction lately, you’d be right. There was one a single bump upward this whole of this week and the previous week. Everyone is hoping that this phenomenon will continue for a while. But several experts estimate the rate will freeze or reverse soon.

  

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30-year (FRM) rates at 2.87% (-0.01%)

15-year (FRM) rates at 2.53% (-0.01%)

FHA 30-year Fixed rates at 2.38% (0.00%)

Jumbo 30-year Fixed rates at 3.75% (-0.05%)

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