Mortgage Rates 9-08-15

By Lisa Robison Updated on 9/8/2015

What will mortgage Rates do this week? Mortgage professionals are voting in our daily poll.

Mortgage rates are back into Friday's range after NFF reports came in on Friday, thanks to Corporate Debt Issuance.  A number of large firms announced new debt, and over the past couple of weeks, there had been nothing notable in the way of Corporate Debt.  With only nine days left until the Feds policy announcement, we were all looking to NFP give a prediction on the Fed's stance.  The focus has shifted now to primarily passive strategies, such as necessity-based trading.  3 year Note Auction occurs today at 1:00pm, and tomorrow marks the release of  the Mortgage Market Index, as well as the 10 year Note Auction at 1:00pm. Thursday brings the Import and Export Prices, Jobless Claims, Wholesale Inventories, and the 30 year bond auction.  Friday will bring the Fannie Mae and Freddie Mae Roll Date, as well as PPI and Michigan Sentiment Prelim.      

 

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• 30 year (FRM) rates at 3.97% (-0.02%).
• 15 year (FRM) rates at 3.24% (-0.01%).
• FHA 30 year Fixed rates at 3.70% (-0.05%).
• Jumbo 30 year Fixed rates at 3.79% (-0.02%).
• 5/1 ARM rates at 2.98% (0.00%).