Mortgage Rates 12-29-15

By Lisa Robison Updated on 12/29/2015

Mortgage rates today remain relatively flat, which is to be expected this time of year.  Bond markets are responding to the limited data by way of a small break towards the ceiling of their recent trading range.  This may or may not be a significant move, as last time bonds went this way, they followed with a move back down to the lowed-middle trading range.  They seem to be hanging out in the mid-range at the current time.  The economic report that came out today indicates that the median incomes are finally back to pre-recession levels, so this could prove that there is some improvement in the economy overall.  Tomorrow we see the release of the Pending Home Sales at 10:00am, and then Thursday, which is the last trading day of the week, marks the release of the Initial Jobless Claims, Chicago PMI, and the markets are closed at 2:00pm EST.  Check back tomorrow for the latest mortgage news.         

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• 30 year (FRM) rates at 4.09% (-0.01%).
• 15 year (FRM) rates at 3.29% (-0.01%).
• FHA 30 year Fixed rates at 3.75% (0.00%).
• Jumbo 30 year Fixed rates at 3.92% (-0.01%).
• 5/1 ARM rates at 3.02% (-0.01%).