Mortgage Rates 8-7-2020 Lender411

By Lydia Lender Updated on 8/7/2020

A recent survey by the National Housing Survey showed that the majority of respondents think rates won’t drop any further. 35% believe that the rates will increase over the next year and 42% expect they will remain unchanged or about the same. What do you think?

 

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30-year (FRM) rates at 2.82% (0.00%)

15-year (FRM) rates at 2.38% (0.00%)

FHA 30-year Fixed rates at 2.25% (0.00%)

Jumbo 30-year Fixed rates at 3.58% (-0.04%)

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