Mortgage Rates 10-27-15

By Lisa Robison Updated on 10/27/2015

Mortgage rates rose slightly higher today.  We are still seeing a narrow range consolidation in the Bond Markets that has stayed between 2.0 and 2.08 ever since the release of the Non-Farm Payroll report, specifically in the last couple of weeks.  We don't expect a lot of movement before tomorrow's Fed announcement, even though there has been some movement in the Oil and European markets during the overnight session.  We will no doubt be looking for any reference to a December rate hike from the Fed tomorrow.  The only data being released today is the Durable Goods report, which is the last major piece of relevant data before tomorrow.  Tomorrow we have the Fed announcement at 2:00pm ET as well as the Mortgage Market Index, and the 5-Year Note Auction.  Check back tomorrow to see what mortgage rates do next.         

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• 30 year (FRM) rates at 3.84% (+0.01%).
• 15 year (FRM) rates at 3.12% (+0.01%).
• FHA 30 year Fixed rates at 3.50% (0.00%).
• Jumbo 30 year Fixed rates at 3.64% (+0.02%).
• 5/1 ARM rates at 2.92% (+0.01%).