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Mortgage Rate Update 10 30 14

By Stevie Duffin Updated on 10/30/2014

Mortgage bonds are in stronger territory today - a curious reality, since today's GDP reading came in at 3.5, surpassing the 3.0 predicted. This week's jobless claims did came back higher than last and higher than the expected 281,000 at 287,000, but are still hanging around their lowest levels in 14 years. Watch for dropping mortgage interest rates. 

A busy week for month-end trading and several economic reports leaves room for bond market movement. Check back tomorrow for personal consumption and Chicago manufacturing.   

Wednesday: The all important FOMC Quantitative Easing decision came in, and QE3 is done as expected. The Fed's statement was released yesterday afternoon and the news created drops in the stock market and bonds. Mortgage rates rose.

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

  • 30 year (FRM) rates at 4.04 (+0.05).
  • 15 year (FRM) rates at 3.21 (+0.05).
  • FHA 30 year Fixed rates at 3.60% (+0.10).
  • Jumbo 30 year Fixed rates at 3.93% (+0.03).
  • 5/1 ARM rates at 3.21% (-0.02).

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

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 19, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

3.721%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 19, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

3.538%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 19, 2019
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.75% APR
  • Fixed Rate 15yr

4.045%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated October 19, 2019
  • Internet direct lender since 1998. View rates & fees, apply/lock online 24/7

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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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