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Mortgage Market Weekly Update

Mortgage Market Weekly Update

Harry Jensen, Trusted Mortgage Expert with 45+ Years of Experience
, Trusted Mortgage Expert with 45+ Years of Experience
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%Mortgage Rates
May 22, 2016
This Week
Change
Last Week
30 Year Fixed Rate
3.500%
LINE
3.500%
15 Year Fixed Rate
2.750%
LINE
2.750%
5/1 ARM
2.750%
LINE
2.750%
Non-Owner Occupied
4.000%
LINE
4.000%
30 Year Jumbo
4.000%
RED
3.875%
Mortgage Rates
Mortgage Indicators
RED2
Housing Starts, Permits Dip YoY
RED2
MBA Purchase Applications Index Drops 6.0%
RED2
Fed Minutes Indicate June Rate Hike
GREEN2
Existing Home Sales Surge 6.0% YoY
Mortgage News
FREEandCLEAR Featured Resource
Fun Fact of the Week
Mortgage Programs
57% of San Francisco Homes Cost More Than $1 Million (Source: Trulia)
Interest rate information provided by Informa Market Research and FREEandCLEAR. Interest rate information is provided for informational purposes only. We make every effort to make sure that the information contained in our Weekly Mortgage Update is accurate but we are not responsible for inaccurate information provided by third parties or linked to in the Weekly Mortgage Update. Please note that interest rate information presented in the Weekly Mortgage Update is approximate, estimated information and does not represent an interest rate offer from any lenders or FREEandCLEAR.
%
Current Mortgage Rates as of July 16, 2019
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Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

About the author

Harry Jensen, Mortgage Expert

Harry is the co-founder of FREEandCLEAR. He is a mortgage expert with over 45 years of industry experience. Over his career, Harry has closed thousands of loans for satisfied borrowers and now offers his advice and insights on FREEandCLEAR. More about Harry

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