Mortgage Rates 9-09-15

By Lisa Robison Updated on 9/9/2015

What will Mortgage Rates do tomorrow? Mortgage professionals are voting in our daily poll.

Mortgage rates are higher across the board today, due to the fact that Treasuries are getting impacted by supply pressure. Corporate Bond Issurance and Treasury Auctions.  An increase in supply typically leads to lower prices and higher yields.  This is also being added to by Asian markets bouncing back over the last several days.  The Hang Seng and the Nikkei are up from late August lows this week.  Corporate Debt issuance is the biggest market mover, however.  Since 1pm, bonds have been trading fairly well.  Rates are also indecisively higher by way of anticipation of the Fed's upcoming meeting on September 17th.  Historically, whenever these Fed meetings occur, this spurs an increase in rates direclty in correlation.  Most of the changes in rates have been minimal, however, and are only considered to be micro-adjustments at this point, resulting in slightly higher or lower rates.  Many lenders are continuing to quote 30 year conventional loans at 4.00% in top-tier situations.    

 

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• 30 year (FRM) rates at 4.00% (+0.03%).
• 15 year (FRM) rates at 3.26% (+0.02%).
• FHA 30 year Fixed rates at 3.75% (+0.05%).
• Jumbo 30 year Fixed rates at 3.82% (+0.03%).
• 5/1 ARM rates at 3.00% (+0.02%).