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Mortgage Rates 5-1-14

By Stevie Duffin Updated on 5/1/2014

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

Mortgage bonds didn't move much this morning thanks to another economic bag of tricks:

Weekly Initial Jobless Claims jumped to 344K, up 14K and above the 315K expected. This marks a high since February. However, Personal Spending leapt 0.9% in March, above the expected 0.6%. Impressively, this is the highest level since August 2009. Incomes inched up to 0.5%, topping the 0.4% estimated. 

Tomorrow's April Jobs Report is the one to watch.

Yesterday: Bonds remained strong despite disappointing news from 2014's first GDP reading, a measly 0.1% and a whopping 0.9% below the expected. Adding to the tumult was happy news from ADP, who reported 220K jobs were added in April, a high for this year. 

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

  • 30 year (FRM) rates at 4.37% (-0.05).
  • 15 year (FRM) rates at 3.42% (-0.06).
  • FHA 30 year Fixed rates at 4.00% (0.00).
  • Jumbo 30 year Fixed rates at 4.12% (-0.05).
  • 5/1 ARM rates at 3.21% (-0.02).

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

4.355%

APR
30 Year Fixed
4.125% Rate $969/mo
  • Updated March 18, 2019
  • $0 down payment option for Veterans
  • Veterans get cash up to 100% of the value of the home
  • A+ rating with the Better Business Bureau

4.750%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated March 18, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

4.800%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated March 18, 2019
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

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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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