Mortgage Rates Stabilizing

Rates have been volatile over the past couple of days and today there has finally been some relief. MBS have been slowly stabilizing since this morning. The slightly weaker ADP reading made for modest, but immediate gains. Tomorrow, expect the trend to continue with MBS getting stronger. Watch for falling mortgage interest rates.

For more potential mortgage market movers, check back Thursday for jobless claims, and of course Friday for February's big jobs report.

Bookmark this page for daily mortgage rate updates:

• 30 year (FRM) rates at 3.85% (+0.00).
• 15 year (FRM) rates at 3.15% (+0.00).
• FHA 30 year Fixed rates at 3.50% (0.00).
• Jumbo 30 year Fixed rates at 3.82% (-0.01).
• 5/1 ARM rates at 3.15% (+0.00).

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

Disclaimer

Carolina Palmer

Carolina Palmer is the Senior Editor at Lender411. She graduated from Concordia University Irvine with a Bachelor's Degree in Communication Studies and Marketing. She has multiple years of experience in marketing and writing, and has previously worked with 3D Systems and Microsoft.