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Mortgage Rates 05-25-16

By Lisa Robison Updated on 5/25/2016

Bonds are still lingering around the higher end of the recent trading range.  Month end is usually a supportive environment for the bond markets as money managers typically purchase bonds as a part of routine housekeeping and to balance their books.  We have had quite a few setbacks over the last week, beginning with the FOMC announcement.  Pressure from the stock market and oil prices continues to be a factor, as well as corporate bond issuance and auction pressure.  Today ended the day relatively unchanged, and it seems that the market is preparing itself for a rate hike in either June or July.  Check back here tomorrow for more news and mortgage rates. 

Bookmark this page for daily mortgage updates: 

• 30 year (FRM) rates at 3.74% (+0.02%).
• 15 year (FRM) rates at 2.99% (0.00%).
• FHA 30 year Fixed rates at 3.30% (0.00%).
• Jumbo 30 year Fixed rates at 3.74% (+0.01%).
• 5/1 ARM rates at 3.00% (-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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