“Get personal rate quotes instantly. It's fast, free and mobile!"

Mortgage Rate Update > 10/18/13

Major Mortgage Markets close at nearly 4 month lows after a rather bumpy ride this week. The week started off with broad rate increases amid the government shutdown preventing important employment data from reaching analysts. The week ended with a compromise on raising the debt ceiling, and an official end to the shutdown. Department of Labor employment data will be released on Tuesday.

The average 30-year ends the week in the 4.25% range after starting the week around 4.35%. The average 15-year fixed rate holds at 3.39% after opening the week at 3.47%. The 5/1 year ARM closes the week at 3.21%, up from opening the week at 3.14%.

Free Rate Updates

Sign up below to receive free rate updates daily from RatesGuide.com.

Free Rate Update

Sign up below to receive free rate updates daily from RatesGuide.com.