Today’s Mortgage Rates & Trends – August 8, 2022: Rates seesaw

by | Aug 9, 2022 | 0 comments

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Rates on 30-year mortgages rose by almost four-tenths of a point Friday, extending a three-day pattern of dramatic up and down swings ranging from a third to a half a percentage point each day.

 
National Averages of Lenders’ Best Rates
Loan Type Purchase Refinance
30-Year Fixed 5.82% 6.22%
FHA 30-Year Fixed 5.82% 6.24%
Jumbo 30-Year Fixed 4.94% 5.03%
15-Year Fixed 5.03% 5.27%
5/6 ARM 5.54%

5.82%

 

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