Mortgage Rates 12-9-13

By Steven Roberts Updated on 12/9/2013

What will mortgage rates do tomorrow? Interest rates are predicted to resist change tomorrow, according to mortgage professionals voting on our live poll. There is limited economic data scheduled to move bond markets this week. Last week’s surplus of positive economic data escalated mortgage interest rates. The mortgage market will continue to see volatility until the Fed announces their intentions for tapering on December 18^th. However, financial experts are confident tapering will lie dormant until the Feds March 2014 meeting. Check back this afternoon for a mortgage rate update and up to date mortgage news.

30-year (FRM) rates declined by .02% to 4.55%. The 52-week high is 4.85%.

15-year (FRM) rates fell by .02% to 3.57. The 52-week high is 3.90%.

FHA 30-Year Fixed rates remained steady at 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates held at 4.49%. The 52-week high is 4.79%.

5/1 Year (ARM) rates were unchanged at 3.26%. The 52-week high is 3.37%.