Mortgage Rates 8-22-13

By Steven Roberts Updated on 8/22/2013

Will mortgage rates go down tomorrow? According to our poll as of 11:32 ET, industry experts predict lower market rates tomorrow morning. Today’s rates rose slightly, leveling off just below the 52 week record highs. The market has seen better days, however the inconsistency and fluctuation of rates invite hope for tomorrow’s decrease. You may consider locking your rate, as future market stability is unpredictable. We may see stabilization before the Feds decision on tapering is official.

Displaying rates for Mortgage Refinance in CA for $200,000

Disclaimer

30-year fixed-rate mortgage (FRM) rates lowered by 0.03% to 4.74%. This 52-week high is 4.75%.

15-year FRM rates dropped by .01% to 3.82%. This 52-week high is 3.84%.

FHA 30-year FRM rates decreased by .03% to 4.40%. The 52-week high is 4.56%.

Nonconforming conventional loans stabilized at 4.72%. The 52-week high is 4.78%.

Adjustable-rate mortgage (ARM) loan rates lowered today by 0.05%. The 5/1 year ARM is at 3.34%.

About The Author:

Steven Roberts

Steven Roberts is an editor for Lender411. He specializes in mortgage and finance. Steven graduated from Cal State Long Beach. Contact him at Steven@Lender411com.

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