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Mortgage Rates 6-20-14

By Stevie Duffin Updated on 6/20/2014

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

Mortgage bonds are sideways, bolstered by an absence of market moving economic reports.

Mortgage bonds rode the post-FOMC statement wave in the morning, staying strong before dropping down to weaker levels midday. The Fed cut bond buying by another $10 billion and kept interest rates unchanged. Their expected GDP growth for 2014 was 2.2 percent, a drop from the 3 percent predicted in March. 

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  • 30 year (FRM) rates at 4.20% (-0.01).
  • 15 year (FRM) rates at 3.33% (-0.01).
  • FHA 30 year Fixed rates at 3.75% (-0.01).
  • Jumbo 30 year Fixed rates at 4.02% (-0.01).
  • 5/1 ARM rates at 3.25% (+0.01).

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

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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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