With no data to churn the pot, rates remain on the floor today. In fact, they are a touch better. For the very best loans, 4.375% fixed is attainable with zero points. As I mentioned earlier in the week, this is a slow week for the market and the week should be without a large shakeup in rate. I have seen increased activity in the FHA streamline market, particularly with jumbo FHA streamlines. These are available with zero closing costs with rates well below 5%. FHA streamlines as low as 4.25% are also available, but they will likely require a large out of pocket investment. As always, mortgage rates are updated on my daily interest rate chart. And finally, Happy 3rd Birthday to my son Mason!
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