Mortgage Rates 8-24-2020 Lender411

By Lydia Lender Updated on 8/24/2020

This week starts on an upswing as we have more positive COVID-related news with the FDA approving a new plasma treatment. Overall sentiment will likely continue the push towards gains as S&P hit a new record high, and COVID numbers continued to level off.

 

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30-year (FRM) rates at 3.07% (0.00%)

15-year (FRM) rates at 2.56% (+0.01%)

FHA 30-year Fixed rates at 2.31% (0.00%)

Jumbo 30-year Fixed rates at 3.61% (-0.01%)

5/1 ARM rates at 2.98% (-0.08%)