What will mortgage interest rates do Monday? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.
Mortgage Bonds are sideways with today's uneventful calendar. Headlines will be calling the shots. Check your news and social networks for #Ukraine.
Yesterday: Weekly Initial Jobless Claims shot up 24K in the latest week, well above the 312K expected at 329K. The 312K projection alone was going to mark a high in four weeks. Durable Orders (goods with expected life of three years or more) saw 2.6% gains in March, 0.6% above the expected.
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30 year (FRM) rates at 4.43% (0.00).
15 year (FRM) rates at 3.50% (+0.01).
FHA 30 year Fixed rates at 4.00% (0.00).
Jumbo 30 year Fixed rates at 4.20% (-0.01).
5/1 ARM rates at 3.22% (-0.01).
Displaying rates for Mortgage Refinance in CA for $200,000
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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