After waiting a day for trading to begin this week (due to yesterday's Columbus Day holiday), bond markets will stay in the same spectrum. We are waiting for the week's more relevant events and data. Those will begin tomorrow with two Treasury auctions and the Fed Minutes. Thursday brings the conclusion of the week's Treasury auction cycle and Friday brings the week's prime economic reports with the Consumer Price Index and Retail Sales.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 3.98% (-0.01%).
• 15 year (FRM) rates at 3.27% (+0.00%).
• FHA 30 year Fixed rates at 3.60% (+0.00%).
• Jumbo 30 year Fixed rates at 4.18% (-0.01%).
• 5/1 ARM rates at 3.21% (-0.01%).
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