Mortgage Rates 04-27-16

By Lisa Robison Updated on 4/27/2016

The sound of relief can be heard from the bond markets, as well as from the stocks and oil markets.  The Fed announcement today didn't make any strong indication that rates were going to hike in the near future.  There was some verbiage which hinted that the global economy and inflation rate would be monitored, but that was not nearly as threatening as the October Fed announcement, which bolstered their position to hike in December of 2015.  Due to the rather cautious stance of the Fed, all three sectors rallied thereafter.  Check back here tomorrow for the most recent mortgage news and updates.

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• 30 year (FRM) rates at 3.73% (-0.02%).
• 15 year (FRM) rates at 3.02% (-0.01%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.65% (-0.01%).
• 5/1 ARM rates at 2.99% (+0.03%).