Mortgage Rates 7-27-2020 Lender411

By Lydia Lender Updated on 7/27/2020

New about COVID-19 continues to be the most significant driver of the market, including mortgage rates. However, the question of how long the markets will care about the pandemic above anything else remains uncertain. Housing sales recently reached the highest level since shutting down the country, marking a positive move overall. 

 

 

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30-year (FRM) rates at 2.89% (+0.02%)

15-year (FRM) rates at 2.54% (+0.01%)

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

Jumbo 30-year Fixed rates at 3.80% (+0.05%)

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