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Mortgage Rates 06-28-16

By Lisa Robison Updated on 6/28/2016

The market continues to be driven by the post-Brexit fallout.  Two domestic reports were released today, namely Gross Domestic Product (GDP) and the Consumer Cofidence report. Neither of these reports made much impact.  Trading levels today were flat relative to yesterday, as they stayed within yesterday's trading range.  Bonds have been on a massive rally since the Brexit decision came to light last Friday, and although we may have some slowing in momentum, it is unforseen whether or not we have seen the final impact of Brexit on the mortgage markets.  Check back tomorrow for more mortgage news and rate updates. 

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• 30 year (FRM) rates at 3.44% (-0.02%).
• 15 year (FRM) rates at 2.76% (-0.01%).
• FHA 30 year Fixed rates at 3.25% (+0.00%).
• Jumbo 30 year Fixed rates at 3.52% (-0.03%).
• 5/1 ARM rates at 2.86% (-0.04%).

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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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