Mortgage Rates 09-08-17

By Lisa Robison Updated on 9/8/2017

Bonds have been on a tear lately, simply breaking to the bottommost yields of the year this week after some probing efforts last week.  Geopolitical risk surrounding North Korea has been the centerpiece of the market's move away from risk, or so they say.

North Korean headlines have certainly aided as purchasing opportunities for bonds, but if this were a true "risk-off" move, we would expect to see more contribution from equities markets.  Instead, stocks only temporarily moved lower with bonds before grinding back up toward all-time highs.  Meanwhile, the bond rally has been a consistent 2-month affair.

 

Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 3.85% (-0.01%).
• 15 year (FRM) rates at 3.13% (-0.01%).
• FHA 30 year Fixed rates at 3.40% (-0.10%).
• Jumbo 30 year Fixed rates at 4.12% (-0.03%).
• 5/1 ARM rates at 3.12% (-0.04%).