Mortgage Rates 04-15-16

By Lisa Robison Updated on 4/15/2016

Mortgage rates round out the week slightly above the recent lows.  We are still in the "lowest mortgage rates in three years" territory, so if you are thinking about locking, it wouldn't be a bad idea, all things considered.   Today's economic data was limited, and bond markets seem to be gathering inspiration lately from other factors, including strategic trading goals, corporate bond issuance, and trade flow indicators.  We still have the classic "stock lever" relationship to consider as well.  In the large scale picture, this balance between stocks and bonds is still very relevant.  Check back on Monday to get the most recent mortgage news and mortgage rate updates.        

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• 30 year (FRM) rates at 3.64% (-0.02%).
• 15 year (FRM) rates at 2.94% (-0.02%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.58% (-0.01%).
• 5/1 ARM rates at 2.97% (-0.03%).