Mortgage Rates 10-30-15

By Lisa Robison Updated on 10/30/2015

Mortgage rates are continuing to climb today in the wake of the FOMC announcement this past Wednesday. Bond markets have improved enough to cover yesterday's losses, but are still relatively flat.  Treasuries are consistent with yesterday's sell-off levels, and we are hoping for a closing number of 2.135 for 10-year yields today.  The numbers for today may be a bit inflated as they reflect typical month end sell-offs.  Monday will likely be more of a true indicator of the state of things.  Mortgage Backed Securities are faring better than bonds, but still, this may be a "month-end" scenario.  Today the Chicago PMI report could change things, so it will be interesting to see how things close out.  Check back on Monday to see what the mortgage rates do next.      

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• 30 year (FRM) rates at 3.91% (+0.04%).
• 15 year (FRM) rates at 3.19% (+0.04%).
• FHA 30 year Fixed rates at 3.75% (+015%).
• Jumbo 30 year Fixed rates at 3.72% (+0.05%).
• 5/1 ARM rates at 2.95% (+0.02%).