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Mortgage Rates 7-8-14

By Stevie Duffin Updated on 7/8/2014

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

Today CoreLogic reported 47K completed foreclosures nationally in May, down from the 52K recorded in May 2013. About 660K homes in the US were in some stage of foreclosure in May, compared to 1 million in May 2013. 

Yesterday: Better than expected economic data along with a strong jobs report resulted in mortgage bonds sliding last week. Bonds are now working to stabilize. Mortgage rates increased. 

The economic calendar is light with this week save for Thursday's Weekly Initial Jobless Claims. For market moving data, wait until Wednesday for the release of June FOMC meeting minutes. On the Fed's plate? Wage growth gains are cause for inflation concerns, and a less than impressive Q1 GDP won't go unaddressed.

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

  • 30 year (FRM) rates at 4.23% (0.00).
  • 15 year (FRM) rates at 3.36% (0.00).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.08% (0.00).
  • 5/1 ARM rates at 3.23% (-0.01).

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

4.325%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 22, 2017
  • A+ Rating with the Better Business Bureau

3.906%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Low mortgage rates and an easy application process.

3.827%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated October 22, 2017
  • The perfect home loan is waiting for you.

3.957%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated October 22, 2017
  • Save when you borrow from PenFed!

4.022%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated October 22, 2017
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

4.469%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated October 22, 2017
  • 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.

4.050%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 22, 2017
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

4.250%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated October 22, 2017
  • Easy online application & competitive rates
  • No fees, no catch! No Application, Origination or Lenders Fees.
  • Refinance fast! Typical applications close in 30 days

4.273%

APR
30 Year Fixed
4.180% Rate $976/mo
  • Updated October 22, 2017
  • Fast, Powerful and Completely Online
  • Get an approval to buy a home or refinance your mortgage in minutes.
  • Save time & avoid paperwork by sharing your financial info instantly.

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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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