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Mortgage Rates 8-20-15

By Lisa Robison Updated on 8/20/2015

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

Mortgage rates have dropped across the board today following the release of the FOMC minutes yesterday. The minutes revealed that the Fed rate hike will largely be dependent on data coming in relating to the domestic and global economy.  The Feds will very likely increase rates, however, there needs to be "some" improvement in the general economic outlook.  Data that the Fed is looking at includes job creation, inflation, and the possibility for oil prices to hit rock borttom and head back up again in March.  Today's data comes in the form of two or three important reports.  The release of Existing Home Sales, the Philly Fed Index, and the Jobless Claims have the ability to be market-movers today.       

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 3.96% (-0.05%).
  • 15 year (FRM) rates at 3.21% (-0.04%).
  • FHA 30 year Fixed rates at 3.65% (-0.05%).
  • Jumbo 30 year Fixed rates at 3.75% (-0.05%).
  • 5/1 ARM rates at 2.97% (-0.03%).

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

4.836%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated September 25, 2018
  • Save when you borrow from PenFed!

5.176%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated September 25, 2018
  • Fast, Powerful and Completely Online
  • Get an approval to buy a home or refinance your mortgage in minutes.
  • Save time & avoid paperwork by sharing your financial info instantly.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated September 25, 2018
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

5.176%

APR
30 Year Fixed
5.125% Rate $1,089/mo
  • Updated September 25, 2018
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

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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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