Mortgage News
Jun 22, 2020
Mortgage rates held steady today, similar to where we were on Friday. Conventional 30yr fixed is still very close to the all-time lows that we saw...
Jun 18, 2020
The bond market flattened some with yields close to all time lows since April. Any predisposition tfor gains or losses woud have been apparent, it was slight skew towards higher yields. Bookmark this page for mortgage rates: 30-year (FRM...
Jun 15, 2020
Optimism was mostly due to the need of refinancing, which surpassed a perceived drop in mortgage applications. The...
Jun 12, 2020
We've seen COVID-related concerns rise as reported cases increase. However, the Feds gave committed to a baseline amount of bond purchases indefinitely. Additionally, it appears that the stock market is entirely on board. ...
Jun 10, 2020
Mortgage rates dropped again today. However, there is some concern that the bond market (which underlies rates) will shift gears and give us a response that is stronger-than-expected according to the economic data.&...
Jun 08, 2020
Bonds are coming off one of the most difficult weeks we've seen in months with yields rising at some of ...
Jun 01, 2020
To start the new month, and end last month of the Q2, mortgage rates are holding steady near the new all-time-lows, as seen in the last 2 weeks. The bond market benefited from strong demand at the end of May. The higher the demand, the higher the prices, and higher bond prices equate to lower mortgage rates....
May 28, 2020
Mortgage rates are officially back on the rise from the newest "all-time lows". Professionals still suggest locking when loans are submitted to underwriting. The short-term lock pricing way better than longer terms. Bookmark this page for mortgage rates: 30-year (FRM) rates at 3.10% (+0.02%)15-year (FRM) rates at 2.74% (+0.04%)FHA 30-year Fixed rates at 2.68% (-0.07%)Jumbo 30-year F...
May 26, 2020
Mortgage rates started off this short week on the upswing from the recording breaking, new all-time lows of last week. However, the movement is pretty minimal by normal standards. Bookmark this page for mortgage rates: 30-year (FRM) rates at 3.08% (+0.04%)15-year (FRM) rates at 2.70% (+0.03%)FHA 30-year Fixed rates at 2.75% (0.00%)Jumbo 30-year Fixed rates at 4.20% (+0.02%)5/1 ARM rates at 3.37% (...
May 22, 2020
Mortgage rates fell again this week; if not below the all-time lows, then still very much within. Bookmark this page for mortgage rates: 30-year (FRM) rates at 3.04% (+0.01%)15-year (FRM) rates at 2.67% (+0.02%)FHA 30-year Fixed rates at 2.75% (0.00%)Jumbo 30-year Fixed rates at 4.18% (-0.07%)5/1 ARM rates at 3.35% (+0.01%)...
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Lisa Stepp
RBS Citizens
Clifton Park, NY
