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Mortgage Rates 12-27-13

By Steven Roberts Updated on 12/27/2013

What will interest rates do Monday? Mortgage professionals predict no change in mortgage rates on Monday, according to our live poll. As it is a holiday week and the end of 2013, there is limited economic data scheduled for release and investors remain hesitant to make a move. Improvement in the mortgage market will be a challenge now that tapering off bond purchases has begun. Positive data will continue to be undesirable for the mortgage market, as there is speculation of the Feds intentions to increase the taper by an additional $10 billion. Today’s 10-Year Treasury Bond is nearly unchanged, indicating similar behavior for mortgage-backed securities and interest rates. Bookmark this page for daily mortgage news and your rate update.  

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

3.012%

APR
30 Year Fixed
2.875% Rate $830/mo
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30-year (FRM) rates increased by .02% to 4.66%. The 52-week high is 4.85%.

15-year (FRM) rates rose by .03% to 3.68. 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 .02% to 4.60%. The 52-week high is 4.79%.

5/1 Year (ARM) rates moved up 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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