Mortgage Rates Wednesday, May 3: A Little Wiggle; Awaiting Word From Fed

Mortgage rates for 30-year fixed loans ticked lower, 15-year fixed rates moved slightly higher, and 5/1 ARMs slipped a notch, according to a NerdWallet survey of mortgage rates published by national lenders Wednesday morning. Today’s Federal Reserve announcement regarding short-term interest rates should be a non-event. Fed futures and market analysts are expecting the next interest rate…

from NerdWallet


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