Mortgage Rates 9-9-13

By Steven Roberts Updated on 9/9/2013

Will mortgage rates go down tomorrow? Mortgage rates are predicted to decrease tomorrow, mirroring today’s market improvement. Friday’s NFP Report illustrated weak economic data regarding employment. The Fed’s will make a decision on Tapering this month and employment data will be carefully considered. The market remains volatile due to the unpredictability of the Fed’s intentions and rates will continue to fluctuate this week. Join us tomorrow for the results and see what mortgage experts predict for Wednesday’s market rates on our Lender411 Live Poll.

 

30-year fixed-rate mortgage (FRM) rates declined by .08% to 4.77%. The 52-week high is 4.85%.

15-year FRM rates dropped to 3.84% by .06%. The 52-week high is 3.90%.

FHA 30-year FRM rates declined by .10% to 4.50%. The 52-week high is 4.60%.

Non-conforming conventional rates decreased by .04% to 4.75%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) dropped to 3.19% by 0.03%. The 52-week high is 3.37%.