Mortgage Rates 05-27-16

By Lisa Robison Updated on 5/27/2016

Today was a half day for the financial markets.  These days leading into a holiday weekend don't generally produce much impact.  Bonds rounded out the day a couple of ticks higher than yesterday.  The only significant news coming out of the day was the speech from Fed spokesperson Yellen.  She kept with the sentiment that a June or July hike would be a probability, and then, in the last few minutes of the day, a few bonds were sold by those still working.  Any weakness in the bond market stemming from Yellen's confirmation of Fed positioning will likely not be felt into next week.  Check back on Tuesday for the most up to date mortgage rates and financial news. 

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• 30 year (FRM) rates at 3.72% (-0.01%).
• 15 year (FRM) rates at 2.99% (-0.01%).
• FHA 30 year Fixed rates at 3.30% (0.00%).
• Jumbo 30 year Fixed rates at 3.73% (-0.02%).
• 5/1 ARM rates at 2.99% (-0.02%).