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Mortgage Rates 8-04-15

By Lisa Robison Updated on 8/4/2015

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.

Mortgage rates have pushed downward, mainly because of fears of inflation.  Additional factors involved are the wage growth reports and the consumer spending.  Non-Farm Payroll conolidation has begun, and these typically are the two largest market movers.  Bond trading has been pretty good, with 10 year yields breaking through the 100 day average yestrday.  The positive trend has lasted a few weeks, and we are still not sure whether or not this will continue.  Friday morning's release of non-farm payroll will leikely set the tone as well.  Historically, the quickest way for markets to take on inflation is through the trading of Treasury-Inflation-Protected Securities.  Trading on the TIPS is the lowest it has been in the last couple weeks, and hasn't been this low since March 2015.  

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 3.95% (-0.02%).
  • 15 year (FRM) rates at 3.19% (-0.01%).
  • FHA 30 year Fixed rates at 3.65% (-0.10%).
  • Jumbo 30 year Fixed rates at 373% (-0.02%).
  • 5/1 ARM rates at 2.97% (30.03%).

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

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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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