Mortgage Rates 11-09-15

By Lisa Robison Updated on 11/9/2015

Mortgage rates are higher today as a response to last week's NFP report.  Mortgage markets are moving to price based on the stance that a rate hike by the feds is imminent.  Stocks and bonds will likely see the impact of a rate increase.  Additional pressure on the bond markets is being created by the issuance of new corporate debt.  This type of debt issuance is typical as we roll into the winter months.  Today's reports are the 3 year note auction, while tomorrow we see the Import/Export prices, 10 year note auction, and also the roll date for the Fannie Mae and Freddie Mac 30Yr.  Wednesday brings the Mortgage Market Index, Thursday we see Initial Jobless Claims and the 30 Year Bond Auction, and Friday we see the Retail Sales numbers.  Check back tomorrow for the most up-to-date mortgage news.         

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• 30 year (FRM) rates at 4.04% (+0.05%).
• 15 year (FRM) rates at 3.27% (+0.03%).
• FHA 30 year Fixed rates at 3.75% (0.00%).
• Jumbo 30 year Fixed rates at 3.85% (+0.05%).
• 5/1 ARM rates at 2.95% (+0.02%).