Mortgage Rates 12-31-15

By Lisa Robison Updated on 12/31/2015

Mortgage rates today are down just a nudge from yesterday.  Most market participants made any final end-of-year decisions in the days immediately following the FOMC announcement in mid-December.  The data released today that could potentially have an impact would be the Chicago PMI report.  Typically though, end of year does what it does, and it would take a crisis to shake things up.  Most market participants are in vacation mode, and any moves happening today are a reaction to a smaller pool of traders making decisions.  Bonds tend to level off right at year end, and that is what we have been seeing this week. This week has consisted of small, relatively insignificant movements in either direction. Markets close early at 2:00pm EST today.  Happy New Year, and check back next week for up to the minute mortgage news.     

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• 30 year (FRM) rates at 4.09% (-0.02%).
• 15 year (FRM) rates at 3.28% (-0.02%).
• 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 3.03% (-0.01%).