Mortgage Rates 02-19-16

By Lisa Robison Updated on 2/19/2016

Today the bond markets started out in positive territory coming out of the overnight session, but after the European stocks and bonds lost footing, US bond markets followed. As the day unfolded, a strong CPI report helped bond markets out a bit, and then stocks and oil began again to decline, and by 9:00am, the markets began the consolidation process that would round out the rest of the day.  In summary, after a few positive and negative reprices on the rate sheets, we are left with a mixed day with no real momentum in either direction.  Check back here on Monday to get the most up to date mortgage market news.

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• 30 year (FRM) rates at 3.64% (-0.02%).
• 15 year (FRM) rates at 2.96% (0.00%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.48% (-0.01%).
• 5/1 ARM rates at 2.90% (0.00%).