Mortgage Rates Tuesday Sept 5 Down Across The Board

Mortgage Rates Tuesday Sept 5 Down Across The Board

Mortgage Rates Tuesday, Sept. 5: Down Across the Board

Mortgage rates for 30-year and 15-year fixed-rate home loans fell two basis points and the 5/1 ARM fell by one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Tuesday morning.

Rates dropped after the markets had a long weekend to mull over the employment report for August, which was released Friday. Employment and wages were up, but they grew more slowly than expected.

And over the weekend, North Korea announced that it had tested its most powerful nuclear weapon so far. Investors responded again by buying bonds, which are seen as safer investments than stocks. Bond prices went up and yields went down this morning, and mortgage rates accompanied the bond yields downward.

The economic highlight of the week comes Wednesday, with the release of the Federal Reserve’s Beige Book, a snapshot of how the economy is performing across the country. That, in turn, could provide some insight into what the Fed might do in coming months regarding interest rate policy. However, international events have the potential to move mortgage rates more than economic news this week.


(Change from 9/1)
30-year fixed
: 3.91% APR (-0.02)
15-year fixed
: 3.33% APR (-0.02)
5/1 ARM
: 3.84% APR (-0.01)

Originally posted on by Holden Lewis;

Jeremy Flax Headshot
Phone: 615-582-0909
Dated: September 7th 2017
Views: 54
About Jeremy: ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Pending Home Sales Strained - Will They Break Through?March’s
Managing Clutter - When was the last time you thought
Market Watch What To Expect From The Real Estate Market In 2018 - What to expect from the real
50 Best Thanksgiving Recipes - With Thanksgiving just around the

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty of the South
545 N. Mount Juliet Road Ste. 1201
Mount Juliet, TN

Other Locations