Mortgage Rates 7-17-2013

The question of whether mortgage rates are going up tomorrow is an uncertain one. Mortgage rates yesterday remained almost unchanged, showing signs of stabilizing. Are mortgage rates going down tomorrow? Mortgage  rates remain low by historic standards and are expected to reach stable territory following uncertainty about policies created by the Fed.

The 30 year fixed rate mortgage best execution rate is 4.45%, a downward movement of -.01% from yesterday. Today's rates shifted further from the 52-week high of 4.73%.

The 15 year fixed rate mortgage best execution rate is 3.66%,unchanged from yesterday. The 52-week high is 3.83%..

The FHA 30 year fixed rate mortgage best execution rate also remained unchanged at 4.25%.

The Jumbo 30 year fixed rate mortgage best execution rate lowered to 4.55%, moving lower by -0.02%..

The 5/1 year Adjustable Rate Mortgage (ARM) best execution rates grew slightly, expanding from 3.27% to 3.28% and moving toward the 52-week high of 3.37%.

Gretchen Wegrich

Gretchen Wegrich is an editor at Lender411. She specializes in mortgage basics, personal finance and green living. She graduated with a bachelor's degree in writing from University of California, San Diego and previously worked at the Santa Cruz Sentinel. Contact her at gretchen@lender411com.