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Mortgage Rates 02-09-16

By Lisa Robison Updated on 2/9/2016

Mortgage rates fall even lower today as bank stocks seem to be the motivating factor.  Of particular interest was Deutche Bank, which pointed out costs of protecting the institution from default, and the rising costs of doing so.  The European bank stocks took a nose dive in the overnight hours yesterday, and although domestic stock markets made some recovery on the day, it wasn't nearly enough to come into positive territory.  Today the only data on tap is the 3-Year Note Auction.  This path is leading us into a trend of the all-time low rates.  Tomorrow there is the release of the Mortgage Market Index, as well as the 10-Year Note Auction.  Thursday we see the 30-Year Bond Auction, and then on Friday we see the highly anticipated Retail Sales Report, along with the Import Prices and the US U Mich Sentiment Prelim.  Check back tomorrow to see the most up-to-the-minute mortgage news. 

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.62% (-0.07%).
• 15 year (FRM) rates at 2.95% (-0.04%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.45% (-0.04%).
• 5/1 ARM rates at 2.99% (-0.01%).

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About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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