Mortgage Rates Move Slightly Higher
mortgage rate tables there are lenders quoting 30-year mortgage rates at 3.00 percent.
Average Conforming Mortgage rates
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Average Jumbo Mortgage Rates
Low Mortgage Rates Fueling Home Purchases
These near record low mortgage rates are enticing buyers into the market during the winter, which historically has been a slow time for home purchases. The Mortgage Bankers Association reported mortgage applications for new home purchases increased 35.3 percent compared from a year ago. Compared to December 2019, applications increased by 40 percent.
To get the best deal on a mortgage for a home purchase or refinancing a current loan search for and compare mortgage rates right here at MonitorBankRates.com.
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