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Mortgage Rates 5-15-14

By Stevie Duffin Updated on 5/15/2014

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

Economic data out today is strong, but so are mortgage bonds, leaving some scratching their heads.

The Labor Department reported this morning that the Consumer Price Index (CPI) posted its biggest gain in April since last summer - a 0.3% jump and copacetic with estimates. Compare with the 0.2% recorded in March. The gains were led by rising prices for food, housing, and gasoline. The Core CPI was 0.2%, also flush with expectations. 

Filings for unemployment benefits dropped to levels we saw in May 2007, a sign the labor market is getting stronger. Weekly Initial Jobless Claims fell to 297K, a full 24K below the expected 325K. The other market mover for today is Empire State Manufacturing, coming in at 19.0 in May, far above the 4.8 expected.

Up next?: Friday has numbers due out for both Housing Starts and Building Permits.

Yesterday: Little market moving data out , except in Producer Pricing, which saw big gains in April. The increase of 0.6% was the largest in 1.5 years and a possible omen for inflation.

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

  • 30 year (FRM) rates at 4.17% (-0.05).
  • 15 year (FRM) rates at 3.29% (-0.04).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 3.95% (-0.05).
  • 5/1 ARM rates at 3.21% (-0.01).

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

3.566%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 20, 2017
  • Professional service
  • Top customer service ratings and reviews
  • Quick closing on purchase and refinance

4.022%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated October 20, 2017
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

4.050%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 20, 2017
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

4.469%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated October 20, 2017
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 20, 2017
  • Easy online application & competitive rates
  • No fees, no catch! No Application, Origination or Lenders Fees.
  • Refinance fast! Typical applications close in 30 days

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 20, 2017
  • Fast, Powerful and Completely Online
  • Get an approval to buy a home or refinance your mortgage in minutes.
  • Save time & avoid paperwork by sharing your financial info instantly.

3.904%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 20, 2017
  • A smarter way to refinance with low rates & convenience of digital mortgage.

4.304%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 20, 2017
  • A+ Rating with the Better Business Bureau

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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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