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Mortgage Rates 1-16-14

By Stevie Duffin Updated on 1/16/2014

What will mortgage interest rates do tomorrow? Rates should hold steady, according to mortgage professionals voting on our daily poll.

After several days of steadily falling rates, today shows increases in interest for 30 year fixed, jumbo 30 year and 5/1 ARM mortgages. Big questions this week surround the fate of bond prices and Fed tapering after Friday's disappointing jobs report. So far, FOMC members feel one weak jobs report will mean very little. Tapering will not likely be put on hold unless the coming weeks reveal extremely poor data that makes the $10 billion in bond purchasing less certain. 

Last week showed an 11.9% increase in mortgage applications, a relative comeback after a 12-year low during the previous holiday week. Refinance applications fell 1% to 62% of all mortgage applications in the same week - the lowest since September. 

The Fed will keep a close eye on upcoming data to support further changes in monetary policy. Two weeks of holidays brought momentary stability in the market place, but expect fluctuation and a steady climb in interest rates as we near the January 29 FOMC meeting. Bookmark this page for daily mortgage news and your rate update.  

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.

3.995%

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

30-year (FRM) rates rose by 0.03 to 4.53%. The 52-week high is 4.85%.

15-year (FRM) rates rose by 0.03 to 3.53%. The 52-week high is 3.90%.

FHA 30-Year Fixed rates held at 4.25%. The 52-week high is 4.60%.

Jumbo 30 Year Fixed rates rose by 0.02 to 4.40%. The 52-week high is 4.79%.

5/1 Year (ARM) rates held at 3.25%. The 52-week high is 3.37%.

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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