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Mortgage Rates 7-10-14

By Stevie Duffin Updated on 7/10/2014

Mortgage bonds are strong this morning thanks to European influence, and mortgage rates were lowered yesterday following the release of FOMC meeting minutes from June. 

The Federal Reserve's meeting minutes reinforced plans to continue taperering off the multibillion dollar bond buying program (Quantitative Easing) that has been keeping mortgage rates low. Given economic recovery persists, the Fed plans to cut $15B in bond buying at its October meeting, as opposed the $10B it has decided to cut at previous meetings. The Fed will continue to reinvest funds into Mortgage-Backed Securities, however, and low rates will still be supported.

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  • 30 year (FRM) rates at 4.18% (-0.02).
  • 15 year (FRM) rates at 3.32% (-0.02).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.02% (-0.02).
  • 5/1 ARM rates at 3.22% (0.00).

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

5.178%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated October 20, 2018
  • Welcome to Flagstar’s new online mortgage experience!

4.894%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated October 20, 2018
  • Local Washington company with low over head equals savings for you.

4.962%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated October 20, 2018
  • Save when you borrow from PenFed!

5.301%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated October 20, 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 October 20, 2018
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

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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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