Mortgage Rates 01-25-16

By Lisa Robison Updated on 1/25/2016

Mortgage rates are mixed today, some programs have inched up, and some have dropped.  The week is off to a slow start, as many trading participants have been affected by the massive snowstorm on the east coast.  It seem that, even in lieu of a lower participation rate,  bonds are continuing to follow stocks.  The past two trading days have been the best of the year for stocks, and the worst of the year for bonds.  If we continue to see weakness today, this could be indicative of a trend in the making.  In terms of economic data this week, the data on tap is the Case Shiller 20mm report tomorrow, as well as the Consumer Confidence report and the 2 Year note auction.  Wednesday is the New Home Sales, FOMC rate decision, and the 5 Year note auction.  Thursday we see the Durable Goods, Initial Jobless Claims, and the 7 Year note auction.  Friday is the Chicago PMI.  Check back tomorrow to see what happens with mortgage rates.                            

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• 30 year (FRM) rates at 3.88% (+0.04%).
• 15 year (FRM) rates at 3.15% (+0.04%).
• FHA 30 year Fixed rates at 3.50% (0.00%).
• Jumbo 30 year Fixed rates at 3.72% (+0.04%).
• 5/1 ARM rates at 3.05% (-0.02%).