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Mortgage Rates 3-20-14

By Stevie Duffin Updated on 3/20/2014

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

Yesterday's FOMC announcement confirmed that tapering off $10 billion from the Quantitative Easing bond buying program will continue, and projections are pointing to QE's complete demise by this coming fall. Mortgage interest rates are up today.

Weekly Initial Jobless claims are up 5K in the latest week, and down 10K from the expected. This resulted in a drop of 3.5 K in the four-week moving average, and marks a new low since November.

Existing Home Sales in February - 4.60 mln - were the lowest since July 2012. They haven't budged much from the last month's reading of 4.62 for January, however. 

Recap: RealtyTrac reports that February foreclosure filings dropped by 10% from January. Even more impressive is the 27% year-over-year drop in foreclosure filings. The greatest number of filings were found in Nevada, New Jersey, Florida, Illinois and Maryland.

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

  • 30 year (FRM) rates at 4.53% (+0.10).
  • 15 year (FRM) rates at 3.52% (+0.07).
  • FHA 30 year Fixed rates at 4.00%. (+/-0.00).
  • Jumbo 30 year Fixed rates at 4.30% (+0.05).
  • 5/1 ARM rates at 3.21% (-0.04).

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

4.818%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated December 19, 2018
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4.777%

APR
30 Year Fixed
4.625% Rate $1,028/mo
  • Updated December 19, 2018
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  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

5.250%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated December 19, 2018
  • Refinance Your Home With Little to No Equity
  • 100% Online Lender - Fast and Easy Process
  • Learn about the loanDepot Lifetime Guarantee

5.041%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated December 19, 2018
  • We close our loans FAST - many in 30 days or less!
  • 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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