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Mortgage Rates on the Downward Slope

By Stevie Duffin Updated on 2/3/2015

A low ISM New York reading (down to 44.5 from the previous 70.8) is not affecting mortgage bond trading much today, especially with a large fuss being made over European activity. MBS are holding their ground in the face of the Euro insecurity; watch for dropping mortgage interest rates. 

For other potential mortgage rate movers, check back tomorrow for ISM manufacturing and ADP employment numbers, Thursday for international trade and the usual jobless claims for unemployment benefits, and of course Friday for the January jobs report.

Monday: Mortgage bonds are in weaker territory today, although this week will present ample opportunity for market movement and mortgage rate shifts, especially in light of Friday's major jobs report and some overseas action. We'll fill you in as the information arrives. For now, watch for rising mortgage interest rates.

Bookmark this page for daily mortgage rate updates:

  • 30 year (FRM) rates at 3.57% (+0.02).
  • 15 year (FRM) rates at 2.97% (+0.02).
  • FHA 30 year Fixed rates at 3.25% (0.00).
  • Jumbo 30 year Fixed rates at 3.59% (+0.01).
  • 5/1 ARM rates at 3.10% (-0.03).

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

4.953%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated May 23, 2018
  • Direct Lender. Billions Funded.

4.505%

APR
30 Year Fixed
4.425% Rate $1,005/mo
  • Updated May 23, 2018
  • N/A

4.711%

APR
30 Year Fixed
4.625% Rate $1,029/mo
  • Updated May 23, 2018
  • Save when you borrow from PenFed!

5.047%

APR
30 Year Fixed
5.000% Rate $1,074/mo
  • Updated May 23, 2018
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

5.087%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated May 23, 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.

5.349%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated May 23, 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:
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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