Mortgage Rates 9-04-13

By Steven Roberts Updated on 9/4/2013

Will mortgage rates go up tomorrow? According to our poll at 11:01 AM ET, mortgage experts predict tomorrow’s rates will remain stable or increase slightly. Rates will continue to fluctuate due to speculation of Friday’s Employment Report. Today’s rates peaked in response to the ISM Manufacturing Report, which implied expansion for the US economy. Anticipation and speculation continue to thrive as we wait for the Fed’s Tapering decision this September.

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

Disclaimer

30-year fixed-rate mortgage (FRM) rates rose sharply by .09% to 4.68%. The 52-week high is 4.77%.

15-year FRM rates increased to 3.77% by .08%. This 52-week high is 3.85%.

FHA 30-year FRM rates reached 4.36%. The 52-week high is 4.56%.

Nonconforming conventional rates rose by .08% to 4.65%. The 52-week high is 4.78%.

Adjustable-rate mortgage 5/1 year (ARM) decreased to 3.21 by .04%. The 52-week high is 3.37%.

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.

Didn't find the answer you wanted? Ask one of your own.