Mortgage Rates 9-16-2020 Lender411

By Lydia Lender Updated on 9/16/2020

Notable Federal changes every lender should know: 2% inflation now has a specific goal of "moderately above 2% so that it averages 2% over time and bond-buying now considered an "accommodative financial condition that supports the flow of credit to households and businesses.

 

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30-year (FRM) rates at 3.04% (+0.01%)

15-year (FRM) rates at 2.55% (+0.05%)

FHA 30-year Fixed rates at 2.40% (+0.02%)

Jumbo 30-year Fixed rates at 3.50% (+0.03%)

5/1 ARM rates at 2.79% (-0.01%)