Loan rate monitor.

 
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Month in Review

Mortgage rates have risen as we head into July. The 30-year fixed conforming average annual percentage rate (APR) is at 3.857 percent. The 30year fixed conforming average APR has leaped 0.230 percent since June. For borrowers seeking a short- term loan, the 5/1 adjustable-rate mortgage (ARM) conforming is an attractive option at an average APR of 3.003 percent.

MONTHLY AVERAGES 29-AUG 30-SEP 31-OCT 28-NOV 31-DEC 15-Year Fixed Conforming 3.397 3.581 3.389 3.263 3.277 30-Year Fixed Conforming 4.169 4.244 4.099 3.933 3.873 30-Year Fixed Jumbo 3.910 4.070 3.941 3.833 3.868 5/1 ARM Conforming 2.912 2.959 2.913 2.910 3.000 5/1 ARM Jumbo 2.832 2.911 2.871 2.838 2.952 MONTHLY AVERAGES 30-JAN 27-FEB 31-MAR 30-APR 29-MAY 15-Year Fixed Conforming 3.165 3.243 3.119 3.178 3.182 30-Year Fixed Conforming 3.668 3.818 3.736 3.850 3.859 30-Year Fixed Jumbo 3.616 3.765 3.626 3.681 3.679 5/1 ARM Conforming 2.923 3.022 2.956 2.975 2.970 5/1 ARM Jumbo 2.863 2.941 2.909 2.925 2.945 MONTHLY AVERAGES 30-JUN 6-JUL 15-Year Fixed Conforming...

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