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Mortgage Rates 5-7-14

By Stevie Duffin Updated on 5/7/2014

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

A disappointing first reading of Q1 Productivity (down 1.7%) and increased labor costs are contributing to stronger mortgage bonds today.

In better news, mortgage applications were up 5.3% in the latest week, according to the Mortgage Bankers Association's Market Composite Index. The upswing is being attributed to lower mortgage rates and taken as a sign of improving housing market health. 

Also this week, Treasury auctions starting today through Thursday and Weekly Initial Jobless Claims the same day, 8:30 AM ET. 

Recap: Employment came back with positive numbers Friday morning - 288K jobs were added in April, well below the projected 218K. Revised data from February and March revealed gains as well. Unemployment is sitting pretty at 6.3%, prettier than the 6.7% reading in March and below the 6.6% expected. 

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

  • 30 year (FRM) rates at 4.24% (-0.02).
  • 15 year (FRM) rates at 3.35% (-0.02).
  • FHA 30 year Fixed rates at 3.90% (-0.05).
  • Jumbo 30 year Fixed rates at 4.00% (-0.02).
  • 5/1 ARM rates at 3.25% (0.00).

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

3.532%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 17, 2017
  • Professional service
  • Top customer service ratings and reviews
  • Quick closing on purchase and refinance

3.552%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 17, 2017
  • Convenient digital mortgage
  • These great rates reflect the savings you get when you apply online
  • Avoid paperwork and close your loan fast. NMLS#1349168

3.896%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated October 17, 2017
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

4.469%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated October 17, 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.

3.925%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 17, 2017
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

4.250%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 17, 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 17, 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.

3.894%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 17, 2017
  • A smarter way to refinance with low rates & convenience of digital mortgage.

4.315%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 17, 2017
  • A+ Rating with the Better Business Bureau

3.914%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 17, 2017
  • Online Quote with NO Personal Information Required in 10 Seconds or Less!

3.789%

APR
30 Year Fixed
3.750% Rate $927/mo
  • The best mortgage engine online live 24/7

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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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