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Mortgage Rates 3-7-14

By Stevie Duffin Updated on 3/7/2014

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

The February Jobs report came back positive today, sending bond investors in the opposite direction and mortgage rates up across the board. 

175K jobs were created in February, notably above the 163K expected. Revisions to the December and January reports were also positive, showing about 25K additional jobs. Unemployment crept up from 6.6. to 6.7%, but so did hourly earnings, by 0.4%. Earnings have steadily increased by 2.2% over the last year. 

Recap: ISM reported Wednesday 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.

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

  • 30 year (FRM) rates at 4.48% (+0.06).
  • 15 year (FRM) rates at 3.48% (+0.05).
  • FHA 30 year Fixed rates at 4.00%. (+/-0.00).
  • Jumbo 30 year Fixed rates at 4.32% (+0.05).
  • 5/1 ARM rates at 3.24% (+/-0.00).

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

5.062%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated November 17, 2018
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4.879%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated November 17, 2018
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5.049%

APR
30 Year Fixed
5.000% Rate $1,074/mo
  • Updated November 17, 2018
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5.301%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated November 17, 2018
  • 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.

5.375%

APR
30 Year Fixed
5.375% Rate $1,120/mo
  • Updated November 17, 2018
  • Refinance Your Home With Little to No Equity
  • 100% Online Lender - Fast and Easy Process
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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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