Forgotten Your Password?

Need to Register?

Mortgage Rates 02-11-16

By Lisa Robison Updated on 2/11/2016

Mortgage rates today are flat compared to yesterday.  Reports today consist of the Initial Jobless Claims and the 30-Year Bond Auction.  Looking at the big picture, it has been quite an interesting year so far for bonds.  In January, stocks and bonds were inseparable, walking in line with each other.  As month end approached, we saw some influence from the Bank of Japan, which drove stocks and bonds farther apart.  Bonds started to fall, as stocks held their ground.  This week brought about yet another change as the European banking sector experienced some deterioration and news circulated about the Deutche Bank potential default.  Bonds have been reacting to the European markets more than any other factor recently.  Yellen's speeches over the last couple of days have taken back seat to the possibility of a corrective bounce coming out of Europe.  Tomorrow we have the Retail Sales report, which usually has enough merit to be a market mover.  Stay tuned for the most up to date mortgage news. 

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.61% (-0.01%).
• 15 year (FRM) rates at 2.95% (0.00%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.45% (0.00%).
• 5/1 ARM rates at 2.88% (-0.01%).

Related Searches:
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.

Didn't find the answer you wanted? Ask one of your own.

Get an answer

Related Articles

Subscribe to our news feed.