Month in Review:
As we head into mid-September, we are finding that there has been an overall decrease in mortgage rates. August showed a steady decline, including some record lows for the 2017 year. Since the end of August, APR for the 30-year conforming fixed mortgage has decreased 0.056 to 3.807 percent. 5/1 ARM jumbo products have also decreased 0.015 to 3.697 along with the 30-year jumbo fixed which decreased 0.055 to 3.659.
Source: Informa Research Services is the premier provider of competitive rate and fee intelligence, sales and service evaluation, regulatory compliance testing and lead-generation services to the financial industry. Since 1983, Informa has provided the information clients need to make more profitable business decisions. Currently, Informa serves more than 6,500 clients including all of the nation’s top 100 financial institutions. Our earned reputation for extreme accuracy, depth of product information, and enthusiastic customer service keeps our clients renewing our services year after year.