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Biggest 2-Day Rate Drop in a Long Time as 30yr Surges Back Under 4.0%

Jeannette Thompson

Published 5 months ago

First thing's first. We need to get some caveats out of the way. The following should always

be assumed when reading mortgage rate coverage, but I like to include a reminder on the

occasions where massive movement and specific levels are discussed.

*Different lenders adjustrates at different paces. Some have yet to catch up with the

average. Others may be ahead of average.

*If we're talking about 30yr fixed rates under 4.0%, it's a reference to an ideal scenario

without price adjustments for things like credit score, loan purpose, property type,

cash-out, etc.

Continue this read in the above PDF.

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National Rate Averages

Conf. 30Y Fixed

5.42%
0.023

FHA 30Y Fixed

5.333%
0.005

Jumbo 30Y Fixed

5.163%
-0.169

Rate averages are calculated from actual locked rates. Learn more.

Additonal Resources

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Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
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