Mortgage Rates 04-22-16

By Lisa Robison Updated on 4/22/2016

Mortgage rates increased today again, bringing about some anxiety in the bond markets.  This week marks the third consecutive week of higher "highs" and lower "lows" in rates.  Those who study the technical trends of the bond markets are seeing indication that we may be at risk for several weeks of negativity in mortgage rates.  It seems that even in Oil and Stocks start falling, it may not have a positive effect on the mortgage rates.  Several factors have led us to this conclusion, and included with those are the fact that as a GLOBAL economy, we see the bond yields at all time lows, Oil is also at the highest prices it has been all year.  Check back on Monday to get the most up to date mortgage news. 

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• 30 year (FRM) rates at 3.75% (+0.05%).
• 15 year (FRM) rates at 3.02% (+0.02%).
• FHA 30 year Fixed rates at 3.35% (+0.05%).
• Jumbo 30 year Fixed rates at 3.66% (+0.02%).
• 5/1 ARM rates at 3.00% (-0.02%).