Mortgage Rates 9-25-15

By Lisa Robison Updated on 9/25/2015

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

Mortgage rates continue to hold in a very narrow pattern.  This is the after effect of Yellen's speech after the markets closed yesterday afternoon at 5:00pm.  Apparently, there was some disussion of a potential hike later on this year.  This message to the markets is a bit contradictory to last week's Fed announcement, and has everyone scratching thier heads.  At first, markets reacted  poorly, and then slowly came back to unchanged.  It appears that rates are now looking to some hard facts, namely data from European markets to set the tone,  From the last couple of day's events.  There seems to be some general uncertainty as to the direction that rates are going to take in the near future, so we are stuck in a holding pattern.  For now anyways.  Check back tomorrow to find out what the rest of the trading day has to offer, and for more up to the minute mortgage news.  

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• 30 year (FRM) rates at 3.95% (0.00%).
• 15 year (FRM) rates at 3.21% (0.00%).
• FHA 30 year Fixed rates at 3.65% (0.00%).
• Jumbo 30 year Fixed rates at 3.76% (0.00%).
• 5/1 ARM rates at 3.00% (+0.01%).