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Mortgage Rates 11-08-13

By Steven Roberts Updated on 11/8/2013

What will interest rates do Monday? Market rates are likely to increase in response to better-than-expected data from the October Jobs Report. Wall Street is thriving today, both in stocks and bonds, but be weary of higher interest rates, as investors fear the Feds anticipation to begin tapering off mortgage-backed securities. The improvement in our Gross Domestic Product (GDP) is also a key leading economic indicator (LEI), implying the economy is regaining stability despite the government shutdown. Expect volatility today and early next week, as investors may be trigger happy with speculation before subsiding to higher yield stock investments. You may want to consult with your lender about locking rates today before a potential surge in interest rates. Check back this afternoon for a market rate and news update.

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


30 Year Fixed
3.875% Rate $940/mo
  • Updated May 21, 2019
  • Skip the salesman. Keep the commission!
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30 Year Fixed
4.875% Rate $1,059/mo
  • Updated May 21, 2019
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

30-year (FRM) rates decreased by .01% to 4.29%. The 52-week high is 4.85%.

15-year (FRM) rates remained at 3.41%. The 52-week high is 3.90%.

FHA 30-year Fixed rates held steady at 3.95%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates declined by .01% to 4.28%. The 52-week high is 4.79%.

5/1 year (ARM) rates decreased by .02% to 3.17%. 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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