Mortgage Rates 10-07-15

By Lisa Robison Updated on 10/7/2015

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

Today's rates are holding steady today, as the domestic bond markets found thier footing this morning just ahead of the 10-year auction.  Treasuries started the morning out flat, but yields began to rise along with the rise of equities. German Bund markets followed suit as well, but then went back to previously unchanged levels, as Treasuries mirrored equity markets.  Oil prices and the drop in stocks contributed to the bond rally today as well.  Mortgage Backed Securities went on a selling spree of thier own.  Also in the cards today, there is the chance for a significant release of corporate bond issuance, however, with the rally already in play, the effect will likely be minimal.  Tomorrow's events bring Jobless Claims, as well as the 30-year Bond Auction.  Check back tomorrow for more up-to-date mortgage news.    

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• 30 year (FRM) rates at 3.86% (0.00%).
• 15 year (FRM) rates at 3.14% (0.00%).
• FHA 30 year Fixed rates at 3.50% (0.00%).
• Jumbo 30 year Fixed rates at 3.64% (0.00%).
• 5/1 ARM rates at 2.92% (-0.01%).