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Mortgage Rates 8-16-13

By Steven Roberts Updated on 8/16/2013

Are mortgage rates going up tomorrow?  Higher rates are to be expected. Considering the consecutive surge in mortgage rates this week, do not anticipate an immediate decrease. As forecasted, the Consumer Price Index and Jobless Claims Report inspired a peak in this month’s mortgage rates. Fluctuation is probable, however this month has not yet seen the end of escalation. The Federal decision on tapering, still on the back burner until further notice, continues to affect current market decisions.

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

5.173%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated October 22, 2018
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5.301%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated October 22, 2018
  • 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.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated October 22, 2018
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

30-year fixed-rate mortgage (FRM) rates increased by 0.07% to 4.59%. The 52-week high is 4.73%.

15-year FRM rates increased by .05% to 3.75%. The 52-week high is 3.83%.

FHA 30-year FRM rates have increased by .03% to 4.28%. The 52-week high is 4.56%.

Nonconforming conventional loans increased by .08% to 4.63%. The 52-week high is 4.78%.

Adjustable-rate mortgage (ARM) Loans decreased today by 0.02%. The 5/1 year ARM is at 3.26%.

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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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