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Mortgage Rates 2-28-14

By Stevie Duffin Updated on 2/28/2014

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

The second GDP reading for Q4 2013 showed a disappointing 2.4%. The initial reading had been 3.2% and well beneath Q3's 4.1%. The drop is being attributed to weak consumer spending and commercial export data, an indicator of still turbulent economic recovery. Additionally, many factors that detract from GDP growth saw gains: federal, state, and local government spending; residential fixed investment; and imports. 

Weekly Initial Jobless Claims were up in the latest week by 14K, nearly 13K over the expected; it marks a one month high but did not alter the four week moving average. For the big number, stay tuned for March 7 when the Labor Department releases the February jobs report.

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

  • 30 year (FRM) rates at 4.35% (-0.03).
  • 15 year (FRM) rates at 3.39% (-0.02).
  • FHA 30 year Fixed rates at 3.75%. (-0.25).
  • Jumbo 30 year Fixed rates at 4.22% (-0.02).
  • 5/1 ARM rates at 3.23% (-0.01).

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

3.653%

APR
30 Year Fixed
3.625% Rate $913/mo
  • Updated August 19, 2017
  • A smarter way to refinance with low rates & convenience of digital mortgage.

3.803%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated August 19, 2017
  • Certified Upfront Lender! Online Loan Estimate! Apply & Lock Rate 24/7!

3.769%

APR
30 Year Fixed
3.750% Rate $927/mo
  • The best mortgage engine online live 24/7

4.200%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated August 19, 2017
  • A+ Rating with the Better Business Bureau

4.343%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated August 19, 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.

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated August 19, 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.

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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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