As the Stock Market continues to inch its way north the rates found a way to rally last week but lost ground towards the end of the day and continues this week.
Resales are to be disclosed this week as well as other economic indices that are sure to pave the way for additional moves but the Fed leaves their guidance showing no moves on their part to cause a change.
FHA……………. 5.5%
Conventional…..5.375%
Jumbo…………..6.375%
Appraisals continue to be the difference between refinancing being an option or not for those already enjoying the home of their dreams.
Brian Scott
