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Mortgage Rate Update 10 3 14

By Stevie Duffin Updated on 10/3/2014

Strong employment data out today: 248,000 jobs were added in September, outperforming the 215,000 expected, and the unemployment rate fell to a six-year low of 5.9 percent. Mortgage bonds would normally plummet at the news and mortgage interest rates would jump, but as of now, bonds barely got weaker and mostly did not move. Watch for static or rising interest rates. 

Yesterday: Mortgage bonds started strong, likely because of rumors surrounding China's military activity. Eventually they sank to weaker levels. In economic news, jobless claims dropped in the latest weak, optimistically pointing to labor market strength. 

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

  • 30 year (FRM) rates at 4.13 (0.00).
  • 15 year (FRM) rates at 3.30 (0.00).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.00% (0.00).
  • 5/1 ARM rates at 3.24% (+0.01).

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

5.062%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated September 24, 2018
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4.836%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated September 24, 2018
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5.041%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated September 24, 2018
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5.250%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated September 24, 2018
  • Get a free and no obligation rate quote in California.
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  • Call now and lock-in your low rate!

5.176%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated September 24, 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.

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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.

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