Mortgage Rates 09-19-17

By Lisa Robison Updated on 9/19/2017

The Fed Announcement Wednesday is one of the best-telegraphed in Fed history.  Multiple speakers have stated that the Fed will begin narrowing its balance sheet reinvestments at this meeting.  That means they'll be purchasing less Treasuries and MBS--an apparent net-negative for bond markets and a source of rising pressure for rates.  

 

Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 3.96% (+0.02%).
• 15 year (FRM) rates at 3.24% (+0.02%).
• FHA 30 year Fixed rates at 3.60% (+0.10%).
• Jumbo 30 year Fixed rates at 4.20% (+0.01%).
• 5/1 ARM rates at 3.22% (+0.02%).