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Mortgage Rates 03-29-16

By Lisa Robison Updated on 3/29/2016

Mortgage rates today are lower across the board.  Since yesterday's economic data came in mixed and failed to inspire a move, bonds are looking to the NFP report for inspiration.  Some are already anticipating rates moving lower.  Federal Reserve Chair Janet Yellen will be speaking at 11:30am today at te Economic Club or New York.  The result of  this speech, which could serve as some confirmation on where rates are headed from here.  Today, in terms of economic data, we also see the Case Shiller 20 mm SA numbers, Consumer Confidence report, and the 5 year Note Auction in the afternoon.  Check back here tomorrow tp get the most up to date mortgage news. 

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.75% (-0.04%).
• 15 year (FRM) rates at 3.02% (-0.03%).
• FHA 30 year Fixed rates at 3.30% (-0.05%).
• Jumbo 30 year Fixed rates at 3.60% (-0.04%).
• 5/1 ARM rates at 2.96% (-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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