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Mortgage Rates 4-16-14

By Stevie Duffin Updated on 4/17/2014

What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's daily poll.

Weaker than expected Existing Home Sale numbers pushed mortgage bonds into positive territory this morning, but no higher than yesterday's highs. 

Yesterday: Mortgage bonds ride in positive territory midday as weak Empire State (NY Fed) manufacturing numbers are announced. The 5.61 rating discerned in March plummeted to 1.29 in April. Shaky headlines out of Ukraine are doing their part for pushing bond prices up, and suggest a glimmer of civil unrest. However, Consumer Prices are up 0.2%, adding some encouragement to investors that the economy is improving.

Market movers this week: Look out for Thursday's Initial Jobless Claims. The markets are closed for Good Friday. 

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

  • 30 year (FRM) rates at 4.36% (-0.01).
  • 15 year (FRM) rates at 3.40% (0.00).
  • FHA 30 year Fixed rates at 4.00%. (0.00).
  • Jumbo 30 year Fixed rates at 4.14% (-0.01).
  • 5/1 ARM rates at 3.25% (0.00).

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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