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Mortgage Rates 11-13-13

By Steven Roberts Updated on 11/13/2013

Will interest rates go up tomorrow? Market rates are predicted to go down tomorrow by mortgage professionals voting on our live poll. Wall Street will receive three anticipated reports tomorrow, which includes the Initial Jobless Claims, September Goods and Productivity Reports. Industry professionals believe the data will not significantly influence rates and data is expected to be weaker than forecasted. Yesterday’s interest rates rose in response to the Fed’s Dennis Lockhart state, as he implied that tapering may begin as soon as December. However, experts believe this is purely opinion and not likely considering our fragile economic state. Bookmark this webpage for up-to-date rates and mortgage news.

30-year (FRM) rates increased by .04% to 4.46%. The 52-week high is 4.85%.

15-year (FRM) rates rose by .03% to 3.53%. The 52-week high is 3.90%.

FHA 30-Year Fixed rates escalated by .10% to 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates increased by .10% to 4.38%. The 52-week high is 4.79%.

5/1 Year (ARM) rates rose by .02% to 3.19%. 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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