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Mortgage Rates Start the Week on a Lower Note

By Stevie Duffin Updated on 1/12/2015

MBS are in stronger territory moving into today. Watch for dropping mortgage interest rates. The latter half of this week will be most significant for economic reports. For more potential mortgage rate movers, check back Wednesday for import prices, export prices and retail sales, Thursday for NY Fed manufacturing, Philly Fed business, and jobless claims, and Friday for CPI, a measure of inflation. 

Friday: December saw solid job growth in 2014 according to the latest payroll data. Non-farm payrolls showed a 252,000 increase, and unemployment sank to its lowest in over six years, sitting at 5.6 percent. News on average hourly wages was not as strong; a five cent per hour drop was reported today. 

Bonds had a much more significant reaction to the hostage standoff in France and ECB hints about a less imminent quantitative easing (QE), gaining ground into the morning before tapering off and moving sideways. Watch for static or dropping mortgage interest rates. 

Book this page for daily mortgage rate updates:

  • 30 year (FRM) rates at 3.71 (-0.03).
  • 15 year (FRM) rates at 3.04 (-0.02).
  • FHA 30 year Fixed rates at 3.25% (0.00).
  • Jumbo 30 year Fixed rates at 3.64% (-0.03).
  • 5/1 ARM rates at 3.24% (0.00).

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

4.304%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated December 11, 2017
  • A+ Rating with the Better Business Bureau

3.786%

APR
30 Year Fixed
3.750% Rate $927/mo
  • The perfect home loan is waiting for you.

3.758%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated December 11, 2017
  • Get a Free Rate Quote NOW. No SSN, No Obligation

3.995%

APR
30 Year Fixed
3.990% Rate $954/mo
  • Updated December 11, 2017
  • Online Quote with NO Personal Information Required in 10 Seconds or Less!

3.832%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated December 11, 2017
  • Save when you borrow from PenFed!

4.469%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated December 11, 2017
  • 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.

4.050%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated December 11, 2017
  • Direct Mortgage Lender. NMLS ID #1168.
  • State License #4130574
  • Apply Online. Quick Prequalification.

4.022%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated December 11, 2017
  • Get a free and no obligation rate quote in California.
  • Direct Lender.
  • Call now and lock-in your low rate!

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated December 11, 2017
  • 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.

3.678%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated December 11, 2017
  • Convenient digital mortgage
  • These great rates reflect the savings you get when you apply online
  • Avoid paperwork and close your loan fast. NMLS#1349168

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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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