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Mortgage Rates 10-22-15

By Lisa Robison Updated on 10/22/2015

Mortgage rates have had a mixed response today due to the ECB (European Central Bank) announcement and new corporate debt issuance, particularly from Coca-Cola.  Corporate debt is similar to the US Treasury issuing debt, in that it causes investors to put up cash to own the bonds.  This causes more of an issue in the bonds markets, and less of an issue in the MBS and Treasuries.  The ECB announcement also spurred a rally in the European bond markets, which helped out Stocks and Oil.  Today we also see the release of Initial Jobless Claims and Existing Home Sales.  MBS are the top performer for the day. Treasuries are stuck in between being dragged down from lower Bund yields, and being pulled higher by the rise in oil and stocks.  Check back tomorrow to see what happens with the mortgage rates next. 

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 3.85% (-0.01%).
  • 15 year (FRM) rates at 3.11% (10.01%).
  • FHA 30 year Fixed rates at 3.50% (0.00%).
  • Jumbo 30 year Fixed rates at 3.65% (+0.02%).
  • 5/1 ARM rates at 2.95% (+0.03%).
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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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