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Mortgage Rates May Move From FOMC Minutes

By Stevie Duffin Updated on 1/8/2015

A suite of domestic economic data was released today, including slightly lower internation trade and strong ADP numbers for the end of 2014 including 241,000 new jobs. Mortgage bond trading was less concerned with domestic news, however, and took its greatest cues from Europe, as usual. Into the middle of today, MBS are in slightly weaker territory. The next piece of news to watch is the FOMC meeting minutes, which may have a moving effect on mortgage rates. In the meantime, watch for static or rising mortgage interest rates. 

For potential mortgage market movers, check back tomorrow for jobless claims, and Friday for non-farm payrolls and unemployment. 

Tuesday: 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.

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

  • 30 year (FRM) rates at 3.68 (-0.08).
  • 15 year (FRM) rates at 3.02 (-0.04).
  • FHA 30 year Fixed rates at 3.25% (0.00).
  • Jumbo 30 year Fixed rates at 3.63% (-0.05).
  • 5/1 ARM rates at 3.22% (-0.03).

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

3.842%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 16, 2019
  • Free 60 day rate lock
  • Eligible for PenFed Real Estate Rewards
  • Predictable Payments

3.975%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 16, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated June 16, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

4.549%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • Updated June 16, 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.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated June 16, 2019
  • Save Time, Save Money.
  • Secure and 100% Paperless.
  • In just minutes, we’ll be able to tell you how much you can save in time and money on your loan.

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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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