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Mortgage Rates 5-28-14

By Stevie Duffin Updated on 5/28/2014

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

Mortgage bonds started the morning at higher levels thanks partly to the Fed raking up MBS supply as well as the ECB intimating its plans to cut interest rates. The euro is now down and the dollar and bonds are up. 

The Mortgage Bankers Association reports its Market Composite Index (total loan applications) for the latest week dropped by 1.2%. Refinances continue to fall, this time by 1%

Look out for the final Q1 GDP reading out Thursday.  

Yesterday: The holiday weekend and mixed economic data are contributing to unchanged mortgage bonds levels. Durable Goods rose in April, thanks to spikes in military hardware orders. Consumer Confidence is up as well, rising to 83 from the 81.7 recorded for April.

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

  • 30 year (FRM) rates at 4.08% (-0.08).
  • 15 year (FRM) rates at 3.29% (+0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 3.96% (0.00).
  • 5/1 ARM rates at 3.25% (+0.01).

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

4.166%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Excellent Service, Great Rates and Convenience

4.375%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated March 19, 2019
  • Save when you borrow from PenFed!

4.355%

APR
30 Year Fixed
4.125% Rate $969/mo
  • Updated March 19, 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 19, 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 19, 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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