Mortgage Rates 11-05-13

By Steven Roberts Updated on 11/5/2013

What will interest rates do tomorrow? Mortgage experts predict a decline in market rates, according to our live poll. With stocks declining and the 10-Year Treasury Bond increasing by 2.46% towards 2.66, we can imply that market rates will improve today. Thursday begins the first of strong economic data that could influence significant market movement. Investors are speculative of the Federal taper, however market rates will only rise if data strongly indicates economic recovery. Industry experts are confident that tapering will subside until April 2014. Check back this afternoon to see how rates behave.

Displaying rates for Mortgage Refinance in CA for $200,000

Disclaimer

30-year (FRM) rates decreased by .01% to 4.24%. The 52-week high is 4.85%.

15-year (FRM) rates remained stable at 3.35%. The 52-week high is 3.90%.

FHA 30-year Fixed rates declined by .01% to 3.88%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates were unchanged at 4.25%. The 52-week high is 4.79%.

5/1 year (ARM) rates increased by .01% to 3.19%. The 52-week high is 3.37%.

About The Author:

Steven Roberts

Steven Roberts is an editor for Lender411. He specializes in mortgage and finance. Steven graduated from Cal State Long Beach. Contact him at Steven@Lender411com.

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