Mortgage Rates 9-11-13

By Steven Roberts Updated on 9/11/2013

Will mortgage rates go up tomorrow? Market rates are expected to rise, according to mortgage experts voting on our live polls. As no significant data has been released, rates peaked today in response to last night’s public address on intended political action regarding Syria. Speculation of war will influence investors to consider a safe-haven like mortgage backed securities to substitute risky stock options. The market will remain volatile and we may see significant change next week due to this Friday’s Retail Sales Report. Fluctuation is expected until the anticipated Sept. 18th Federal decision on Tapering. Join us tomorrow for tomorrow’s rates and Friday’s forecast.

 

30-year fixed-rate mortgage (FRM) rates elevated by .05% to 4.74%. The 52-week high is 4.85%.

15-year FRM rates rose to 3.80% by .03%. The 52-week high is 3.90%.

FHA 30-year FRM rates increased by .04% to 4.42%. The 52-week high is 4.60%.

Non-conforming conventional rates rose by .02% to 4.72%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) decreased to 3.17% by 0.01%. The 52-week high is 3.37%.