What will interest rates do tomorrow? Mortgage professionals believe market rates will remain stable tomorrow, according to our live poll. Today’s economic data did not provide a significant difference from predicted levels. Investors will turn their focus to tomorrow’s FOMC Minutes to look for insight on tapering off mortgage backed securities. However, industry experts are confident, with Janet Yellen as Chairman of the Fed, tapering will subside until full recovery in 2014. Check back this afternoon for an update on mortgage rates and news.
Displaying rates for Mortgage Refinance in CA for $200,000
30-year (FRM) rates rose by .03% to 4.33%. The 52-week high is 4.85%.
15-year (FRM) rates improved by .02% to 3.42%. The 52-week high is 3.90%.
FHA 30-Year Fixed rates increased by .01% to 4.01%. The 52-week high is 4.60%.
Jumbo 30 Year Fixed rates rose by .01% to 4.31%. The 52-week high is 4.79%.
5/1 Year (ARM) rates remained stable at 3.25%. The 52-week high is 3.37%.
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Clifton Park, NY