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Mortgage Rates 3-5-14

By Stevie Duffin Updated on 3/5/2014

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

ISM reported this morning that service sector growth dipped to a four year low last month, from 55.4% to 47.5%. Disappointing news especially when coupled with ADP's report that service added only 120K new jobs last month, which represents a drop in year-over-year gains. Bad weather is still largely to blame for the bad numbers, according to ISM.

Look out for tomorrow's Jobless Claims as well as the European Central Bank press conference, and most notably, Friday's Jobs report. 

Recap: 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. 

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

  • 30 year (FRM) rates at 4.42% (+0.09).
  • 15 year (FRM) rates at 3.43% (+0.06).
  • FHA 30 year Fixed rates at 4.00%. (+0.25).
  • Jumbo 30 year Fixed rates at 4.28% (+0.08).
  • 5/1 ARM rates at 3.23% (-0.03).

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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5.250%

APR
30 Year Fixed
5.250% Rate $1,105/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

5.041%

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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