Mortgage Rates 12-10-13

By Steven Roberts Updated on 12/10/2013

What will interest rates do tomorrow? Interest rates are predicted to rise slightly, remaining fairly stable, according to mortgage professionals voting on our live poll. There is limited economic data scheduled to move mortgage-backed securities this week. The mortgage market will continue to see volatility until the Fed announces their intentions for tapering on December 18^th. However, financial experts are confident tapering will lie dormant until the Feds March 2014 meeting. Stock markets are thriving today and the 10 Year Treasury bonds have fallen by 1.26% to 2.82. This can be a good indication that mortgage rates will not improve today. Check back daily for mortgage news and your daily rate update.

30-year (FRM) rates declined by .03% to 4.52%. The 52-week high is 4.85%.

15-year (FRM) rates fell by .04% to 3.53. The 52-week high is 3.90%.

FHA 30-Year Fixed rates remained steady at 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates dropped by .02 to 4.47%. The 52-week high is 4.79%.

5/1 Year (ARM) rates decreased by .03% to 3.23%. The 52-week high is 3.37%.