Mortgage Rates 8-14-15

By Lisa Robison Updated on 8/14/2015

What will mortgage rates do next week? Mortgage professionals are voting in our daily poll.

The mortgage rate tables are responding to some volatility today.  With the release of PPI, Consumer Sentiment, and Industrial Production, and considering the day of the week, markets have been responding.  Consumer sentiment didn't impact markets much.  PPI data indicates that production costs have increased, particularly in the higher-end markets.  Industrial Production came in much stronger than anticipated.  The forecast for IP was +0.3, and it came in at +0.6.  Mortgage Backed Securities and Treasuries reached their worst levels of the day at 9:40 this morning.  After that, the selling halted abruptly.  Bond markets have slowly been improving and are not close to being at "unchanged" levels for the day.  Today has been interesting, but at least the China Yuan crisis seems to be over. Check back next week to see what rates continue to do.

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• 30 year (FRM) rates at 3.99% (+0.03%).
• 15 year (FRM) rates at 3.23% (+0.02%).
• FHA 30 year Fixed rates at 3.75% (+0.10%).
• Jumbo 30 year Fixed rates at 3.78% (+0.03%).
• 5/1 ARM rates at 2.97% (-0.02%).