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Mortgage Rates 7-16-14

By Stevie Duffin Updated on 7/16/2014

Mortgage bonds are sideways despite positive economic data out of the housing sector and Labor Department. 

The NAHB announced today that home builder confidence surged to its highest levels in six months, indicating sales conditions are considered good. Additionally, the NAHB predicts more prospective buyer traffic in coming months. 

Yesterday: Mortgage bonds were volatile in the morning after mixed economic news: Empire State Manufacturing is at a four-year high and employment surged in June. Fed Chairwoman Janet Yellen's congressional testimony revealed the Fed will continue to support the U.S. economy, whose recovery is still only in the works. More early morning data showed weak retail sales for June. The mixed bag left mortgage rates at the mercy of ups and downs, but they rose by end of day. 

For market movers this week, look out for a packed Thursday: Philly Fed business data, housing starts and bulding permits. 

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

  • 30 year (FRM) rates at 4.20% (+0.03).
  • 15 year (FRM) rates at 3.34% (+0.04).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.05% (+0.04).
  • 5/1 ARM rates at 3.25% (+0.01).

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

3.768%

APR
30 Year Fixed
3.625% Rate $912/mo
  • Updated July 22, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

4.424%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated July 22, 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.

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated July 22, 2019
  • Save Time, Save Money.
  • Secure and 100% Paperless.
  • In just minutes, we’ll be able to tell you how much you can save in time and money on your loan.

4.194%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated July 22, 2019
  • Internet direct lender since 1998. View rates & fees, apply/lock online 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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