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Mortgage Rates 04-19-16

By Lisa Robison Updated on 4/19/2016

Bond Markets started the day in weaker territory, just under 1.80, and had a difficult time breaking through the holding pattern in any which direction. Oil and Stock markets (known as the "risk markets") improved during the overnight session.   Trade flow helped after the open of the domestic trading session, and then numbers improved slightly as the Housing Starts came in weaker than expected.  Bond markets lost some momentum as corporate bond issuance hit, and as a result, mortgage rates ended up unchanged.  All of these factors competing for investor attention created a stagnant day.  Things could have been better overall, but also could have been worse.  Check back tomorrow for the most up to date mortgage news!  

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• 30 year (FRM) rates at 3.64% (0.00%).
• 15 year (FRM) rates at 2.94% (0.00%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.58% (0.00%).
• 5/1 ARM rates at 2.97% (-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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