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Mortgage Rates 12-15-17

By Chantelle Stein Updated on 12/15/2017

There are tens of different indicators that affect interest rates. Movement of the 10-year Treasury bond yield is a leading indicator of mortgage rates. The 10-year Treasury bond and long-term fixed mortgages compete for the same investors because they are similar financial instruments. Although, today, mortgage rates moved down slightly even though movement in bond markets would have suggested differently. Due to lenders being overly cautious yesterday, today started with an advantage. Tax reform details have also had a major play in the reaction of these big investors. 

 

Bookmark this page for mortgage rates:

 

• 30-year (FRM) rates at 3.96% (-0.01%)
• 15-year (FRM) rates at 3.30% (-0.01%)
• FHA 30-year Fixed rates at 3.55% (-0.05%)
• Jumbo 30-year Fixed rates at 4.12% (-0.01%)
• 5/1 ARM rates at 3.20% (-0.01%)

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About The Author:
Chantelle Stein
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