Forgotten Your Password?

Need to Register?

Mortgage Rate Update 11-21-14

By Stevie Duffin Updated on 11/21/2014

Despite news from overseas, including a jack-in-the-box rate cut from China, U.S. bond markets are staying relatively flat, although at strong levels. Watch for static or falling mortgage interest rates. 

Thursday: Weak European data sent bonds soaring into positive territory. Domestic numbers were good: U.S. jobless claims are down again and holding on to the lowest levels we've seen since 2000; core CPI, a measure of inflation, jumped 0.2 percent since the last reading; existing home sales also came back positive, jumping 1.5 percent in October. Mortgage bonds did not yield in the face of this good data, until the Philly Fed announcement came back so strong (to 1993 levels!) that bonds lost much of the gains they experienced during domestic trading. Overnight strength still held. Mortgage interest rates fell. 

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

  • 30 year (FRM) rates at 3.98 (-0.02).
  • 15 year (FRM) rates at 3.18 (-0.02).
  • FHA 30 year Fixed rates at 3.50% (-0.05).
  • Jumbo 30 year Fixed rates at 3.83% (-0.03).
  • 5/1 ARM rates at 3.25% (0.00).

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

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.