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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

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 23, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

3.721%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 23, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

3.538%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 23, 2019
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.75% APR
  • Fixed Rate 15yr

4.050%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated October 23, 2019
  • Internet direct lender since 1998. View rates & fees, apply/lock online 24/7

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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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