Mortgage Rates 12-23-15

By Lisa Robison Updated on 12/23/2015

Mortgage rates are slightly higher today.  All in all, the bond markets have been relatively flat over the holiday season.  The 10 year yields have been trading between 2.12 to 2.36.  The medium term averages (1-4 months) have stabilized to a narrow range between 2.20 and 2.23.  The shorter timeline will always be more volatile than the longer range.  As for this week, today marks the busiest week for economic data release with the Incomes/Outlays, Consumer Sentiment, and Durable Goods reports.  The data this week is not likely to have an impact, as it seems that the end-of-year consolidation trend is taking hold.  Tomorrow we only have the Initial Jobless Claims to look forward to, and then the markets are closed on Friday due to the holiday.  Check back on Monday to get the most recent developments in the mortgage market news.   

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• 30 year (FRM) rates at 4.05% (+0.04%).
• 15 year (FRM) rates at 3.26% (+0.02%).
• FHA 30 year Fixed rates at 3.75% (0.00%).
• Jumbo 30 year Fixed rates at 3.87% (+0.04%).
• 5/1 ARM rates at 2.98% (+0.02%).