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Mortgage Rates 04-14-16

By Lisa Robison Updated on 4/14/2016

Mortgage rates rose slightly, for the second time this week. Rates are still "near" to the lowest levels we've seen in 3 years.  Much of the inspiration lately has been related to trade flow considerations and technical data.  Speaking of technical data, the Core CPI report is being released today, which would provide inflation indicators, and be a potential market mover.  Another big ticket item is the 30 year bond auction today, wrapping up the last auction of the week.  Depending on the results of this auction, we may see gains in the bond market after 1pm EST.  It's safe to say the trend that began in the middle of March is over, however, still a bit premature to declare a true shift in momentum in the opposite direction.  The ceiling to break through is currently at 1.80% for the 10 year yields.  Check back here tomorrow for more news in the mortgage markets.        

Bookmark this page for daily mortgage updates: 

• 30 year (FRM) rates at 3.66% (+0.01%).
• 15 year (FRM) rates at 2.96% (+0.01%).
• FHA 30 year Fixed rates at 3.25% (0.00%).
• Jumbo 30 year Fixed rates at 3.59% (+0.01%).
• 5/1 ARM rates at 3.00% (+0.02%)

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About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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