Mortgage Rates 9-12-13

By Steven Roberts Updated on 9/12/2013

What will mortgage rates do tomorrow? According to mortgage experts voting on our live poll, market rates should remain fairly stable. Speculation of tomorrow’s economic data is inviting volatility in the mortgage market. Rates decreased today, in response to the behavior of U.S. treasuries. In addition, uncertainty of America’s involvement in Syria will lead investors to substitute stocks with bonds. Fluctuation is to be expected before next Wednesday’s Federal decision on Tapering. Join us tomorrow for tomorrow’s rates and Monday’s forecast.

30-year fixed-rate mortgage (FRM) rates dropped by .05% to 4.69%. The 52-week high is 4.85%.

15-year FRM rates declined to 3.77% by .03%. The 52-week high is 3.90%.

FHA 30-year FRM rates decreased by .07% to 4.35%. The 52-week high is 4.60%.

Non-conforming conventional rates fell by .03% to 4.69%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) decreased to 3.16% by 0.01%. The 52-week high is 3.37%.