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Mortgage Rates 10-16-13

By Steven Roberts Updated on 10/16/2013

What will interest rates do tomorrow? Mortgage professionals predict a slight increase in market rates, according to our live poll. The word in Washington is that the government has reached a compromise on the temporary debt ceiling increase. The government shutdown will end and the 16.7 trillion fiscal budget will extend to February, demanding compromise on a new budget by January. Expect a dramatic reaction in market movement today as investors have anticipated this moment. The stock and bond markets are improving immediately, however implications for interest rates remain volatile. Expert opinions in Washington suggest tapering will hinder until 2014, when the US economy has regained economic stability. Economic data reports will return, providing insight into the stability of our economy and may reflect the strain our shutdown has caused. Join us tomorrow for your rate update and Friday's prediction.

Displaying rates for Mortgage Refinance in CA for $200,000

4.022%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated October 19, 2017
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

4.050%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 19, 2017
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

4.469%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated October 19, 2017
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 19, 2017
  • Fast, Powerful and Completely Online
  • Get an approval to buy a home or refinance your mortgage in minutes.
  • Save time & avoid paperwork by sharing your financial info instantly.

4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 19, 2017
  • Easy online application & competitive rates
  • No fees, no catch! No Application, Origination or Lenders Fees.
  • Refinance fast! Typical applications close in 30 days

4.304%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 19, 2017
  • A+ Rating with the Better Business Bureau

3.891%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Low mortgage rates and an easy application process.

3.801%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated October 19, 2017
  • The perfect home loan is waiting for you.

3.832%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated October 19, 2017
  • Save when you borrow from PenFed!

The 30-year fixed-rate mortgage (FRM) rates dropped by .03% to 4.39%. The 52-week high is 4.85%.

15-year FRM rates declined by .03% to 3.48%. The 52-week high is 3.90%.

FHA 30-year FRM rates decreased by .04% to 4.01%. The 52-week high is 4.60%.

Non-conforming conventional rates declined by .03% to 4.36%. The 52-week high is 4.79%.

Adjustable-rate mortgage 5/1 year (ARM) increased by .03% to 3.12%. The 52-week high is 3.37%.

About The Author:
Steven Roberts
Steven Roberts is an editor for Lender411. He specializes in mortgage and finance. Steven graduated from Cal State Long Beach. Contact him at Steven@Lender411com.

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