Mortgage Rates 11-24-15

By Lisa Robison Updated on 11/24/2015

The mortgage markets today are continuing to consolidate, as they have been since the greater part of November.  The 10 year yields are back down to pre-NFP report numbers.  There was a significant move in markets today, which was spurred by the news of Turkey, but the impact from that move is now in the rear view.  It seems that barring an economic disaster, the rates are in holiday mode, and not much can be done to avoid that dynamic.  Markets have been responding lately to concerns over liquidity rather than economic data, which focuses instead on who is trading, and what kinds of trading positions are being taken. If there were to be a market mover, it would likely be the Consumer Confidence report, which is exactly the type of data that the Fed has their eyes on.  Tomorrow is a jam-packed day for data, as the rest of the week's reports are being crammed into one day, so check back tomorrow for the latest in mortgage news.            

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• 30 year (FRM) rates at 4.01% (+0.01%).
• 15 year (FRM) rates at 3.25% (+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 2.99% (+0.02%).