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Mortgage Rates 7-17-14

By Stevie Duffin Updated on 7/17/2014

Mortgage bonds are strong today following an overnight rally caused by geopolitical tension in Russia and Ukraine, and were bolstered by weak housing data. A comparatively strong Philly Fed report was not enough to push bonds down. Look out for lower mortgage rates.  

June Housing Starts dropped to an annual rate of 893 thousand, a 9.3 percent dip from May and well below the expected 1.02 million. This is the slowest crawl in 9 months, headed by a drop in single family homes and apartments. Future construction is looking slow as well, since building permits dropped to an annual rate of 963K, a 4.2 percent dip. 

Yesterday: The NAHB announced 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.

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

  • 30 year (FRM) rates at 4.21% (+0.01).
  • 15 year (FRM) rates at 3.35% (+0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.06% (+0.01).
  • 5/1 ARM rates at 3.25% (0.00).

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

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated September 17, 2019
  • America’s Trusted Mortgage Lender - Rated A+ by the BBB
  • Fast Pre-Approvals, Loan Closing within 14Biz Days, Lock Your Rate Now
  • Offering Conventional, Jumbo, FHA, VA, USDA. Non-QM - 680 Minimum FICO

3.538%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated September 17, 2019
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.75% APR
  • Fixed Rate 15yr

4.189%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated September 17, 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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