Forgotten Your Password?

Need to Register?

Mortgage Rate Update 10 28 14

By Stevie Duffin Updated on 10/28/2014

Mortgage bonds are weaker now, increasing the possibility for rising rates. Durable goods came back so bad that bonds did experience a jump, however consumer confidence data came back its highest in seven years, pushing bonds back down. Watch for rising mortgage interest rates. In housing news, the Case Shiller index showed that home price gains are still paced at a crawl. 

A busy week for month-end trading and several economic reports leaves room for bond market movement. Check back tomorrow for the all important FOMC rate decision (the Fed is expected to talk about the end of bond buying, which would ultimately lead to higher mortgage rates), Thursday for GDP and jobless claims, and Friday for personal consumption and Chicago manufacturing.   

Monday: Pending home sales data came back positive - although below the expected mark - but mortgage bonds became stronger thanks to weakness in European markets. 

Bookmark this page for daily mortgage interest rates and market updates.

  • 30 year (FRM) rates at 3.99 (0.00).
  • 15 year (FRM) rates at 3.16 (0.00).
  • FHA 30 year Fixed rates at 3.50% (0.00).
  • Jumbo 30 year Fixed rates at 3.90% (-0.01).
  • 5/1 ARM rates at 3.23% (-0.02).

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

4.665%

APR
30 Year Fixed
4.625% Rate $1,029/mo
  • Updated April 20, 2018
  • Welcome to Flagstar’s new online mortgage experience!

4.827%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated April 20, 2018
  • Direct Lender. Billions Funded.

5.087%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated April 20, 2018
  • 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.

4.357%

APR
30 Year Fixed
4.125% Rate $969/mo
  • Updated April 20, 2018
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

5.223%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated April 20, 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.

4.796%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated April 20, 2018
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

Related Searches:
About The Author:
Stevie Duffin
Stevie is the Senior Editor at Lender411. She manages the site's Authorship Program and social media pages. Stevie graduated from UC Santa Barbara with a BS. Contact her: stevie@lender411com.

Didn't find the answer you wanted? Ask one of your own.

Get an answer

Related Articles

Subscribe to our news feed.