Mortgage Rates 10-13-15

By Lisa Robison Updated on 10/13/2015

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

 The bond markets are off to a sluggish start, but are in positive territory today.  The weak Non-Farm Payroll report that was issued at the beginning of the month helped the bond markets, and the rally extended to the following week.  With the 3-day weekend behind us, and the looming Federal Reserve announcement at the end of October, the rest of the month will be interesting to see how it plays out.  This week's economic calendar brings Wednesday's release of Retail Sales, Thursday's release of the Core CPI Index, NY Fed Manufacturing data, Jobless Claims, and the Philly Fed Business Index.  Friday brings the Fannie Mae and Freddie Mac 15-year roll date.  Reports about inflation have lately had a minimal impact, but that tone could change if the reports show some economic improvement.  Check back tomorrow for more up to date news.               

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• 30 year (FRM) rates at 3.90% (+0.01%).
• 15 year (FRM) rates at 3.16% (0.00%).
• FHA 30 year Fixed rates at 3.55% (+0.05%).
• Jumbo 30 year Fixed rates at 3.68% (0.00%).
• 5/1 ARM rates at 2.94% (-0.01%).