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Mortgage Rates 11-06-13

By Steven Roberts Updated on 11/6/2013

Will interest rates go up tomorrow? Market rates should resist change tomorrow, according to our live poll. There is no economic data to be released today that would create a significant movement in the mortgage market. Market rates rose yesterday in response to the stronger-than-expected report our service industry. Friday’s Jobs Report and Ben Bernanke’s statement are the primary focus of investors this week. Without significant improvement in our economy’s financial stability, the Fed will postpone tapering until April 2014. Check back tomorrow for Friday's prediction and a market rate update.

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

30-year (FRM) rates increased by .01% to 4.30%. The 52-week high is 4.85%.

15-year (FRM) rates rose by .01% to 3.41%. The 52-week high is 3.90%.

FHA 30-year Fixed rates escalated by .02% to 3.95%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates reamined at 4.29%. The 52-week high is 4.79%.

5/1 year (ARM) rates decreased 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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