Mortgage Rates 11-11-15

By Lisa Robison Updated on 11/11/2015

Bond Markets are closed today. Tuesday ended the day with MBS coming back from some of the weakness due to a lack of new corporate debt issuance, particularly in comparison to Monday, which saw massive amounts of corporate debt hitting the markets. Yesterday marked the first movement into positive territory that we have seen since the 30th of October.  It will take more than yesterday's bounce to prove a positive trend, but at least levels are back to "unchanged". The big jump in rates in week ending November 6th has not impacted mortgage applications quite yet.  The Mortgage Bankers Association released the Market Composite Index, which only showed levels of applications dipping down 1.3 percent from Week ending 10/30/15.  Refinances have dropped only 2.0 percent from the previous week.  Tomorrow brings the Initial Jobless Claims and September Job Openings data.  Check back then to see the most recent mortgage news.        

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 4.06% (0.00%).
• 15 year (FRM) rates at 3.27% (-0.01%).
• FHA 30 year Fixed rates at 3.75% (0.00%).
• Jumbo 30 year Fixed rates at 3.87% (0.00%).
• 5/1 ARM rates at 3.01% (+0.03%).