Mortgage Rates 10-01-15

By Lisa Robison Updated on 10/1/2015

What will Mortgage Rates do tomorrow? Mortgage professionals are voting in our daily poll.

Mortgage rates are still holding thier ground, due to big moves in Europe.  European Bond markets opened up the trading day with an impressive rally, and US bonds have followed.  Stronger manufacturing data in China has been a contributing factor to today's market strength as well.  Domestic economic data which was released today, namely Jobless claims data  at 8:30am didn't have much of an impact comparably.  The 10:00am release of ISM Manufacturing data was a bit more significant, as the data came in slightly weaker than expected, spurring some bond selling.  Europe has set the tone for Mortgage Backed Securities and US Trasuries so far.  Tomorrow marks the release of  the NFP (Non-Farm Payroll) report, which could signal a shift in either direction.  Check back tomorrow for the latest mortgage news.  

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• 30 year (FRM) rates at 3.89% (-0.01%).
• 15 year (FRM) rates at 3.18% (-0.01%).
• FHA 30 year Fixed rates at 3.50% (-0.15%).
• Jumbo 30 year Fixed rates at 3.70% (-0.01%).
• 5/1 ARM rates at 2.95% (-0.01%).