The Feds did indeed hold rates steady this time around. I think that is good and hope for a couple more decisions just like that the next times they meet on August 5 and September 16. Rates this week have stayed within .125% up or down of where they were last week and the 6 Month Libor nudged a bit lower. I am in town this weekend so please don’t hesitate to call if there is anything I can do for you or one of your buyers. Have a great weekend and I look forward to hearing from you soon. Thanks for reading!! dz
30 Yr Fixed Conforming (95%) – 6.5%
15 Yr Fixed Conforming – 5.875%
30 Yr Fixed Jumbo 6.625%
5/1 LIBOR ARM – 6.75%
7/1 LIBOR ARM – 6.75%
30 Yr Flex 97 – 6.825%
30 Yr FHA – 6.375%
Prime 5% 6 Month
Libor – 3.22% Last week
6 Month Libor – 3.18% This week
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