Mortgage Rates 8-28-2020 Lender411

By Lydia Lender Updated on 8/28/2020

GSEs have announced the nationwide suspension of foreclosures and evictions is extended through the end of 2020. The suspension is one of the relief options Fannie Mae and Freddie Mac announced in March when the COVID-19 national emergency was invoked.

 

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30-year (FRM) rates at 2.93% (-0.02%)

15-year (FRM) rates at 2.50% (-0.01%)

FHA 30-year Fixed rates at 2.38% (+0.03%)

Jumbo 30-year Fixed rates at 3.60% (+0.01%)

5/1 ARM rates at 3.06% (+0.01%)