Mortgage Rate Update 9 17 14

By Stevie Duffin Updated on 9/17/2014

The bond markets are waiting with baited breath for the FOMC monetary policy statement to be revealed, especially any verbiage about interest rates. CPI came back weak today, but the NAHB housing index rose. Mixed bag ahead of the FOMC announcement, but nothing else will come closer to shaking things up. Watch the headlines for the latest from the Fed. 

For other potential market movers this week, look out Thursday for housing starts, building permits, and Philly Fed Business. 

Yesterday: Mortgage bonds held on to higher levels after some morning weakness. No reports are due but the Fed began its FOMC meeting. 

Bookmark this page for daily mortgage interest rates and market updates.

• 30 year (FRM) rates at 4.23% (-0.01).
• 15 year (FRM) rates at 3.38% (-0.01).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.08% (-0.01).
• 5/1 ARM rates at 3.24% (-0.01).