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Mortgage Rates 6-9-15

By Carolina Palmer Updated on 6/9/2015

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. The direction of mortgage rates today have no real culprit. They have slightly dipped, but are expected to push higher tomorrow. Even though there is news coming from Greece about a debt deal, there is really nothing new and noteworthy occurring. There isn't any prominent domestic data coming in today, besides the 3-year treasury note auction at 1pm. Rates will be on cruise control for the rest of the day.

Check back Wednesday for the 10-year note auction; Thursday for May's retail sales, import prices, export prices, intital jobless claims, and the 30-year bond auction; Friday for US PPI Final Demand.

Monday: Mortgage rates have increased and remain at their highest levels of the year. The bond markets are consolidating after the NFP results last Friday. There isn't any significant economic data scheduled for today. Most of the MBS action this week will be determined by the global bond markets. Expect mortgage rates to decrease after the bond rally today.

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 4.10% (-0.03).
  • 15 year (FRM) rates at 3.30% (-0.04).
  • FHA 30 year Fixed rates at 3.75% (0.00).
  • Jumbo 30 year Fixed rates at 3.91% (-0.03).
  • 5/1 ARM rates at 3.00% (-0.03).

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About The Author:
Carolina Palmer
Carolina Palmer is the Senior Editor at Lender411. She graduated from Concordia University Irvine with a Bachelor's Degree in Communication Studies and Marketing. She has multiple years of experience in marketing and writing, and has previously worked with 3D Systems and Microsoft.

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