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Mortgage Rate Update 11 17 14

By Stevie Duffin Updated on 11/18/2014

Mortgage bonds are in more positive territory after an overnight trading session and influence from Japanese markets (and a poor GDP reading). Watch for dropping mortgage interest rates. A week healthy with economic data may lend itself to moving rates. Check back tomorrow for housing market data from NAHB, Wednesday for housing starts and building permits, and a crowded Thursday for CPI (a measure of inflation), jobless claims, Philly Fed business, and existing home sales. 

Friday: Retail sales came back high for October, jumping 0.3 percent and 0.1 percent above economist predictions. Import prices including oil, on the other hand, came back at their weakest monthly levels in two years. The import price data points to overseas markets keeping U.S. inflation at bay. Later in the day bonds rose into more positive territory. Watch for dropping mortgage interest rates. 

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

  • 30 year (FRM) rates at 4.02 (-0.03).
  • 15 year (FRM) rates at 3.21 (-0.02).
  • FHA 30 year Fixed rates at 3.50% (-0.05).
  • Jumbo 30 year Fixed rates at 3.89% (-0.04).
  • 5/1 ARM rates at 3.21% (-0.02).

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

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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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