Mortgage Rates 9-19-13

By Steven Roberts Updated on 9/19/2013

Will mortgage rates go down tomorrow? Interest rates will decline in response to market improvement. Mortgage experts have voted on our live poll, illustrating an accurate prediction of tomorrow’s rates. This morning at 9:15 A.M PT, the 10-year Bond is up by 0.66% at 2.73, insinuating higher MBS purchases. A rise in Mortgage-Backed Securities influences a decrease in mortgage rates. There was a significant drop in market rates today in response to yesterday’s Tapering announcement and Ben Bernanke’s press conference. Tapering will be postponed due to our economy’s current instability. Join us this afternoon for best-execution rate updates and tomorrow’s prediction.

30-year fixed-rate mortgage (FRM) rates declined by 0.10% to 4.49%. The 52-week high is 4.85%.

15-year FRM rates decreased by .11% to 3.59%. The 52-week high is 3.90%.

FHA 30-year FRM rates remained stable at 4.25%. The 52-week high is 4.60%.

Non-conforming conventional rates dropped by .10% to 4.50%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) rose by .04% to 3.16%. The 52-week high is 3.37%.