Mortgage Rates 9-26-13

By Steven Roberts Updated on 9/26/2013

Will mortgage rates go down tomorrow? Interest rates will likely remain stable tomorrow, according to our Live Poll voted on by mortgage professionals. Fluctuation is probable as mixed data is released this morning. The Feds are carefully analyzing economic reports to support their decision to taper. U.S. home sales data illustrates a decline in the housing market in response to higher rates last month. However, the Unemployment Report implies economic improvement. Stock prices surge this morning and investors may turn their attention away from bonds towards stock options. Interest rates remain stable at 3-month lows. The 10-year Bond regained strength today, climbing by 1.11% to 2.643. Bond market improvement can be a good indicator of lower interest rates to follow. Check back tomorrow for Monday's prediction and your rate update.

 30-year fixed-rate mortgage (FRM) rates remained stable at 4.34%. The 52-week high is 4.85%.

15-year FRM rates decreased by .01% to 3.44%. The 52-week high is 3.90%.

FHA 30-year FRM rates increased by .01% at 4.06%. The 52-week high is 4.60%.

Non-conforming conventional rates declined by .01% to 4.36%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) lowered by .01% to 3.10%. The 52-week high is 3.37%.