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Mortgage Rate Update 8 6 14

By Stevie Duffin Updated on 8/6/2014

Bonds started the morning strong thanks to overseas markets but are now easing back. Watch for falling mortgage rates. In housing news, the MBA's Mortgage Market Index (total loan applications) is up 1.6 percent in the latest week, but is down year-over-year. 

Yesterday: ISM's stronger than expected Non-Manufacturing Index (strongest since 2005) is helping push mortgage bonds into weaker territory. Look out for rising mortgage rates.                       

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

  • 30 year (FRM) rates at 4.22% (+0.01).
  • 15 year (FRM) rates at 3.33% (+0.01).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 4.05% (+0.01).
  • 5/1 ARM rates at 3.24% (0.00).

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

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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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