Mortgage Rates 11-16-15

By Lisa Robison Updated on 11/16/2015

Mortgage rates continue to move back into the green since Friday.  With much of the media focusing attention on Paris and global events surrounding it, not many headlines are coming out of the mortgage sector.  The only notable events are were the selling of stocks and purchasing of bonds that occurred in the overnight session.  With the exception of Oil prices, neither stock or bond yields have gone down any lower than what was seen in the overnight session.  Today's release of the Empire State Manufacturing Survey is not typically much of a market mover, but it came in weaker than expected (-10.74 versus the -6.20 forecast), so that helped the bond markets rally for a bit longer than they ordinarily would have.  A push in the other direction was helped along by the massive release of corporate debt today.  All in all, levels are pretty well unchanged for the day.  Tomorrow's news brings the CPI report and the NAHB Housing Index, Wednesday brings the Housing Starts and Building Permits, as well as the 30Yr Roll Date for Ginnie Mae, as well as FOMC minutes.  Thursday we see the Philly Fed Business Index, as well as the Initial Jobless Claims.  Check back tomorrow to see any new developments in mortgage news.         

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• 30 year (FRM) rates at 4.03% (-0.01%).
• 15 year (FRM) rates at 3.24% (-0.01%).
• FHA 30 year Fixed rates at 3.75% (0.00%).
• Jumbo 30 year Fixed rates at 3.84% (-0.01%).
• 5/1 ARM rates at 3.00% (-0.02%).