Mortgage Rates 8-19-13

By Steven Roberts Updated on 8/19/2013

Are mortgage rates going up tomorrow?  According to our poll, mortgage experts predict rates will increase again tomorrow. The mortgage market remains volatile as rates have peaked for a fourth consecutive day. The release of the Consumer Sentiment and Housing Starts Report had no significant influence in market trends. This month’s rates may fluctuate, but have yet to see the end of escalation. The Federal decision on tapering, still on the back burner until September, continues to deter market improvement.

 

30-year fixed-rate mortgage (FRM) rates increased by 0.10% to 4.69%. The 52-week high is 4.73%.

15-year FRM rates increased by .03% to 3.78%. The 52-week high is 3.83%.

FHA 30-year FRM rates have increased by .06% to 4.34%. The 52-week high is 4.56%.

Nonconforming conventional loans have increased by .07% to 4.70%. The 52-week high is 4.78%.

Adjustable-rate mortgage (ARM) Loans decreased today by 0.02%. The 5/1 year ARM is at 3.28%.