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Mortgage Rates 04-29-16 -

By Lisa Robison Updated on 4/29/2016

Bond markets found their footing today, despite some volatility driven by the European markets in the overnight session.  This is a small victory for the bond markets, who, up until yesterday teetered on the edge of dangerous territory.  We won't really know until Monday whether or not this win is attributed to month end bond buying, or if we really are heading in a positive direction.  Domestic data didn't make much of an impact today, and generally was supportive of slowing economy in the longer term.  10 year yields traded around 1.84%, which is the higher end of the recent range.  Check back here on Monday to see what happens with mortgage rates, and to get the most up to date news.  

Bookmark this page for daily mortgage updates: 

• 30 year (FRM) rates at 3.67% (-0.15%).
• 15 year (FRM) rates at 2.95% (-0.01%).
• FHA 30 year Fixed rates at 3.25% (-0.05%).
• Jumbo 30 year Fixed rates at 3.62% (0.00%).
• 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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