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Mortgage Rates 8-25-15

By Lisa Robison Updated on 8/25/2015

What will mortgage rates do on Wenesday? Mortgage professionals are voting in our daily poll.

 

Rates have dropped today, with the exception of the 5/1 ARM, which has nudged up a bit.  Investors have shifted thier focus out of high-risk investments, such as commodities and stocks, and are more interested in Treasuries and low risk bonds.  This trend began over the last several weeks, and became more evident over the last four days.  The stock market gains is having a converse effect on the bond markets.  On a broader spectrum, it seems to be that there is a global re-pricing strategy at play.  China's attempt to stabilize the currency rate is putting pressure on emerging markets around the globe, which means that as China's currency deflates, the ripple affect will likely be seen across all global currency rates, increasing the risk of inflation.  All in all, it is not a good indicator of economic growth by any means. Domestic data released today paled in comparison to global happenings.  While all of this turmoil is not great news for the economy, the mortgage rates are seeing a positive impact.                   

 

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 3.90% (-0.03%).
  • 15 year (FRM) rates at 3.16% (-0.03%).
  • FHA 30 year Fixed rates at 3.55% (-0.05%).
  • Jumbo 30 year Fixed rates at 3.70% (-0.02%).
  • 5/1 ARM rates at 2.98% (+0.02%).

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

3.653%

APR
30 Year Fixed
3.625% Rate $913/mo
  • Updated August 20, 2017
  • A smarter way to refinance with low rates & convenience of digital mortgage.

3.803%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated August 20, 2017
  • Certified Upfront Lender! Online Loan Estimate! Apply & Lock Rate 24/7!

4.200%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated August 20, 2017
  • A+ Rating with the Better Business Bureau

4.343%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated August 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.

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated August 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.

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About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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