There are now lenders quoting 30yr fixed rates as low as 4.375% on top tier scenarios with the average lender back to 4.5%.  That's quite a jump from the 5.125% average at the recent highs (just 2 months ago). 

There's still risk associated with the new year, however.  Tomorrow's jobs report is still a potential flashpoint for volatility.  Make sure you have a gameplan to account for positive or negative outcomes tomorrow.  Things could be happening quickly fairly early in the morning.



ProductTodayYesterdayChange                  52 Week  Low/High
30 Yr FRM4.44%4.55%-0.114.05%5.05%
15 Yr FRM4.05%4.12%-0.073.39%4.53%
FHA 30 Year Fixed4.12%4.17%-0.053.75%4.62%
Jumbo 30 Year Fixed4.29%4.33%-0.044.20%4.81%
5/1 Yr ARM4.37%4.45%-0.083.20%4.75%