Mortgage Rates 04-25-16

By Lisa Robison Updated on 4/25/2016

Mortgage rates didn't budge at all today.  There was a lack of relevant data and nothing significant going on in the news, so the motivation was very scarce.  As the week progresses, there will be a policy announcement coming out of the Federal Reserve that is likely to cause a stir.  Many market participants feel that this meeting will serve to broadcast the intention of the Fed to hike.  Rates have been on this upward trend recently, and are now at the highest they have been since the latter part of March. In terms of rate lock considerations, the latest news would indicate a safer bet to lock before this pattern continues.  With several bits of data being released this week, it's sure to be a fairly volatile one.  Check back tomorrow for the most recent mortgage news. 

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• 30 year (FRM) rates at 3.75% (0.00%).
• 15 year (FRM) rates at 3.02% (0.00%).
• FHA 30 year Fixed rates at 3.35% (0.00%).
• Jumbo 30 year Fixed rates at 3.66% (0.00%).
• 5/1 ARM rates at 3.00% (0.00%).