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5 home mortgage trends for late summer

5 home mortgage trends for late summer
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5 home mortgage trends for late summer

Mortgage rates will remain stubbornly unpredictable, and jumbo mortgages will be easier to get as summer fades and fall begins.

Those are two of five projected trends in mortgages and real estate over the next quarter, according to mortgage professionals.

After a lackluster summer selling season, Bankrate asked several mortgage pros to look into their crystal balls and forecast whether things will improve during the next three months. Following are their predictions.


 

 

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
30 yr fixed mtg refi
3.65% 3.61%
View rates in your area:
 

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