Mortgage Rates 12-4-13

By Steven Roberts Updated on 12/4/2013

What will interest rates do tomorrow? Mortgage rates are predicted to remain near stable levels, according to industry professionals voting on our live poll. However, there will be a fluctuation in rates throughout the day as investors begin to speculate about the economic data released and possibility of Federal tapering. Data from the October New Home Sales report and the ADP Employment report was positive, which is negative for the mortgage rates. However, negative ISM Manufacturing data and Janet Yellen’s hesitation to taper may sustain movement in interest rates. Check back daily for your rate update and mortgage news.

30-year (FRM) rates increased by .04% to 4.52%. The 52-week high is 4.85%.

15-year (FRM) rates rose by .03% to 3.57. 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 increased by .02% to 4.47%. The 52-week high is 4.79%.

5/1 Year (ARM) rates rose by .01% to 3.26%. The 52-week high is 3.37%.