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Mortgage Rates 5-16-14

By Stevie Duffin Updated on 5/16/2014

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

Housing Starts data out today shows a 13.2% rise in April; Building Permits are up 8%. These numbers are not enough to move mortgage bonds, however, which are mostly sideways. 

Yesterday: 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.

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

  • 30 year (FRM) rates at 4.15% (-0.02).
  • 15 year (FRM) rates at 3.28% (-0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 3.93% (-0.02).
  • 5/1 ARM rates at 3.20% (-0.01).

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

4.753%

APR
30 Year Fixed
4.625% Rate $1,029/mo
  • Updated November 22, 2018
  • Save when you borrow from PenFed!

4.988%

APR
30 Year Fixed
4.750% Rate $1,043/mo
  • Updated November 22, 2018
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  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

5.301%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated November 22, 2018
  • 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.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated November 22, 2018
  • Refinance Your Home With Little to No Equity
  • 100% Online Lender - Fast and Easy Process
  • Learn about the loanDepot Lifetime Guarantee

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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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