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Mortgage Rate Update 8 15 14

By Stevie Duffin Updated on 8/15/2014

Empire State Manufacturing came back weak at 14.69, below the 20 expected and well below the previous recording of 25.6. However, economic data is being dwarfed by the consistent and disconcerting headlines concerning Russian and Ukrainian conflict today, fueling mortgage bond strength. Watch for dropping mortgage rates. 

Yesterday: Weak Import Prices and Weekly Jobless Claims data bolstered mortgage bond strength today, fed from the get-go by less-than-robust European Gross Domestic Product numbers. Mortgage rates dropped. 

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  • 30 year (FRM) rates at 4.14% (-0.03).
  • 15 year (FRM) rates at 3.29% (-0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 3.98% (-0.02).
  • 5/1 ARM rates at 3.21% (-0.02).

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

4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated October 13, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

3.516%

APR
30 Year Fixed
3.375% Rate $884/mo
  • Updated October 13, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

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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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