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Mortgage Rate Update 7 28 14

By Stevie Duffin Updated on 7/28/2014

Mortgage bonds have been weaker today, only temporarily showing some positive movement in the morning. Pending Home Sales came back weaker than expected. Keep an eye out for static or rising rates. For the rest of this packed week, look out for the latest Fed rate decision and GDP Wednesday, and the big July Jobs Report Friday. 

Friday: Mortgage bonds were treading in weak territory even after the New Home Sales report for June came back with a disappointing 8.1 percent drop from May. This equates to an annual rate of 406 thousand, below the expected 475 thousand. 

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  • 30 year (FRM) rates at 4.19% (-0.01).
  • 15 year (FRM) rates at 3.32% (-0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.03% (-0.01).
  • 5/1 ARM rates at 3.23% (0.00).

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


30 Year Fixed
3.000% Rate $844/mo
  • Updated December 04, 2020
  • How Low Will Your Payment Be?


30 Year Fixed
2.690% Rate $811/mo
  • Updated December 04, 2020
  • Mortgages for everything that matters


30 Year Fixed
2.625% Rate $804/mo
  • HighTechLending is Here To Help


30 Year Fixed
2.625% Rate $804/mo
  • Updated December 04, 2020
  • 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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