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Mortgage Rates 12-17-13

By Steven Roberts Updated on 12/17/2013

Will interest rates go down tomorrow? It is difficult to be sure, as the direction of mortgage rates are directly correlated to the Feds Monetary Policy Statement tomorrow. However, mortgage professionals voting on our live poll are confident the Fed will announce their decision to taper off mortgage backed securities, subsequently driving a surge in interest rates. The mortgage market has been calm for day's, because investors are hesitant to make a move until the announcement. Today's economic data, the Consumer Price Index, illustrated a growth of confidence in the economy and increased spending this holiday season. In addition, a compromise on our 2014 fiscal budget has led to a stronger interest in stocks and less in bond markets. Positive economic data may give the Feds support to beging easing off their current stimulus. Due to the volatility of the mortgage market, industry experts suggest that you lock today and avoid the potential surge in interest rates. Check back at 11 A.M. PT tomorrow for an update on the Feds announcement and the effect on mortgage rates.

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

3.566%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 20, 2017
  • Professional service
  • Top customer service ratings and reviews
  • Quick closing on purchase and refinance

3.916%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 20, 2017
  • Competitive rates and fees: No fancy branches = savings passed on to you!
  • Excellent service: We can assist you every step along the way.
  • Credible: FDIC Insured Bank, A+ rating with Better Business Bureau. NMLS 424182

4.022%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated October 20, 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 20, 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 20, 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.

4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 20, 2017
  • Easy online application & competitive rates
  • No fees, no catch! No Application, Origination or Lenders Fees.
  • Refinance fast! Typical applications close in 30 days

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 20, 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.

3.904%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 20, 2017
  • A smarter way to refinance with low rates & convenience of digital mortgage.

4.304%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 20, 2017
  • A+ Rating with the Better Business Bureau

3.832%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated October 20, 2017
  • Save when you borrow from PenFed!

 

 30-year (FRM) rates resisted change at 4.57%. The 52-week high is 4.85%.

15-year (FRM) rates remained steady at 3.58. The 52-week high is 3.90%.

FHA 30-Year Fixed rates stabilized at 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates escalated by .01 to 4.51%. The 52-week high is 4.79%.

5/1 Year (ARM) rates decreased by .01% to 3.25%. 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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