Mortgage Rates 12-3-13

By Steven Roberts Updated on 12/3/2013

What will interest rates do tomorrow? Industry professional predict moderately stable to lower rates tomorrow, according to our live poll. However, mortgage rates will be volatile with intra-day movement due to this week’s wealth of scheduled economic data. Today’s rates are higher in response to yesterday’s better-than-expected ISM Manufacturing Report, but likely to remain steady as there is no data scheduled for today. Expect fluctuation in mortgage rates due to the following reports: Goods and Services; New Home Sales; Fed’s Beige Book; 3^rd Quarter GDP; November’s Employment; Personal Income and Preliminary Consumer Sentiment. Check back daily for your rate update and mortgage news.

Displaying rates for Mortgage Refinance in CA for $200,000

Disclaimer

30-year (FRM) rates increased by .05% to 4.50%. The 52-week high is 4.85%.

15-year (FRM) rates rose by.04% to 3.55. The 52-week high is 3.90%.

FHA 30-Year Fixed rates moved higher by .10% to 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates increased by .05% to 4.47%. The 52-week high is 4.79%.

5/1 Year (ARM) rates rose by .03% to 3.25%. The 52-week high is 3.37%.

About The Author:

Steven Roberts

Steven Roberts is an editor for Lender411. He specializes in mortgage and finance. Steven graduated from Cal State Long Beach. Contact him at Steven@Lender411com.

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