Mortgage Rates Remain Unchanged

 

Over the past week, low mortgage rates have remained unchanged as current events had less of an impact on the markets. Freerateupdate.com’s survey of wholesale and direct lenders show that conforming 30 year mortgage rates remain at 4.625%, 15 year fixed mortgage rates are at 3.750% and 5/1 adjustable mortgage rates are at 3.000%. These low mortgage rates have persisted for the past two weeks. With good credit, these are the lowest mortgage rates available with 0.7 to 1% origination point to well qualified borrowers….more

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