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Mortgage Rates Continue to Fall

By Stevie Duffin Updated on 1/6/2015

ISM non-manufacturing data for December is in, and lower than the expected 58.5 at 56.2. The 56.2 is the lowest reading since June, but it was mostly ignored by MBS trading. MBS are in strong territory today, espcially following some volatility brought on by European market actiivity. Watch for falling mortgage interest rates. 

For potential mortgage market movers, check back tomorrow for international trade, ADP employment and FOMC meeting minutes, Thursday for jobless claims, and Friday for non-farm payrolls and unemployment. 

Monday: Mortgage bonds are slowly edging their way back up after some holiday volatility. Watch for dropping mortgage interest rates.

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

  • 30 year (FRM) rates at 3.76 (-0.04).
  • 15 year (FRM) rates at 3.06 (-0.03).
  • FHA 30 year Fixed rates at 3.25% (0.00).
  • Jumbo 30 year Fixed rates at 3.68% (-0.02).
  • 5/1 ARM rates at 3.25% (+0.02).

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

4.101%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated March 24, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

4.609%

APR
30 Year Fixed
4.560% Rate $1,021/mo
  • Updated March 24, 2019
  • We close our loans FAST - many in 30 days or less!
  • 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:
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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