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Mortgage Rates 10-06-17

By Lisa Robison Updated on 10/6/2017

The job’s report was much weaker than expected but the mortgage rates did move higher today. Those are two things that hardly ever go together.

The absurdity was made possible by the recent Hurricanes causing mayhem on the jobs counts for the month of September. Normally, weaker jobs data indicate economic weakness.  A weaker economy normally can't support rates and stock prices as well as a stronger economy.  That is why weak jobs data typically pushes rates lower


Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 3.99% (+0.01%).
• 15 year (FRM) rates at 3.27% (+0.02%).
• FHA 30 year Fixed rates at 3.60% (+0.00%).
• Jumbo 30 year Fixed rates at 4.19% (+0.01%).
• 5/1 ARM rates at 3.22% (+0.00%).

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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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