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Mortgage Rates 09-29-17

By Lisa Robison Updated on 9/29/2017

This morning bought one of the more significant inflation metrics for the US economy through the "Incomes and Outlays" report.  This report measures incomes and "outlays." This data also contains a PCE Price Index which is one of the first places the Fed looks to get an analysis on long-term, broad-spectrum inflation.

If PCE advances, it could put a fold in bond market resilience as seen yesterday and earlier this morning.  Bonds are bidding to stage a bounce at technical levels that conquered the first part of 2017

 

Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 3.97% (-0.02%).
• 15 year (FRM) rates at 3.24% (-0.02%).
• FHA 30 year Fixed rates at 3.60% (+0.00%).
• Jumbo 30 year Fixed rates at 4.17% (-0.03%).
• 5/1 ARM rates at 3.21% (-0.02%).

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About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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