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Mortgage Rate Update 8 21 14

By Stevie Duffin Updated on 8/21/2014

Stronger than expected economic data is bolstering mortgage bond weakness today. Existing Home Sales hit a high in July, topping June by 2.4 percent. Good news, despite being under year-over-year by 4.3 percent. The Philadelphia Fed business outlook was similarly optimistic; the index rose to 28 from 23.9 in July, blowing expectations for losses out of the water. Watch for rising mortgage interest rates. 

Yesterday: Little activity in the bond markets yesterday ahead of the release of additional insight into the recent FOMC meeting. 

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  • 30 year (FRM) rates at 4.18% (+0.02).
  • 15 year (FRM) rates at 3.31% (0.00).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.08% (+0.03).
  • 5/1 ARM rates at 3.26% (+0.01).

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

3.284%

APR
30 Year Fixed
3.250% Rate $871/mo
  • Updated April 13, 2021
  • Online Quote with NO Personal Information Required in 10 Seconds or Less!

3.176%

APR
30 Year Fixed
3.125% Rate $857/mo
  • Updated April 13, 2021
  • Direct Lender. Billions Funded.

3.387%

APR
30 Year Fixed
3.375% Rate $885/mo
  • Updated April 13, 2021
  • Instant Mortgage Rate Quote 30 Seconds could save you thousands!

3.000%

APR
30 Year Fixed
3.000% Rate $844/mo
  • Updated April 13, 2021
  • 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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