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Mortgage Rate Update 9 8 14

By Stevie Duffin Updated on 9/8/2014

This week is going to be quieter than last where economic reports are concerned. Keep an eye out for Jobless Claims on Thursday and Retail Sales and Import Prices on Friday. For housing news, tune in Wednesday for the Mortgage Market Index. Mortgage bonds are in weaker territory midday, watch for rising rates.

Friday: The August employment numbers came in and the gains were not gains enough to get the bond market down: 142 thousand jobs were added last month, significantly below the 200-thousand pace per month of the last six. June and July were revised lower to boot. Unemployment fell from 6.2 to 6.1 percent, but it was not considered significant because the count was likely due to unemployed Americans ceasing their job search, and therefore losing their title of "unemployed." 

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

  • 30 year (FRM) rates at 4.15% (+0.01).
  • 15 year (FRM) rates at 3.31% (+0.03).
  • 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 3.25% (+0.01).

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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