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Strong Jobs Report Fuels Higher Mortgage Rates

By Stevie Duffin Updated on 2/6/2015

The January jobs report is in, and a strong one: 257,000 jobs were added last month, although as a side effect of the inflated work force, the unemployment rate was recorded 0.01 tick higher at 5.7 percent. Revisions to previous reports showed improvement as well, accounting for a total 147,000 jobs overall. Mortgage bond MBS trading tanked; watch for rising mortgage interest rates. 

Previous: A low ISM New York reading (down to 44.5 from the previous 70.8) is not affecting mortgage bond trading much today, especially with a large fuss being made over European activity. MBS are holding their ground in the face of the Euro insecurity; watch for dropping mortgage interest rates.

Bookmark this page for daily mortgage rate updates:

  • 30 year (FRM) rates at 3.63% (0.00).
  • 15 year (FRM) rates at 3.00% (-0.01).
  • FHA 30 year Fixed rates at 3.25% (0.00).
  • Jumbo 30 year Fixed rates at 3.63% (0.00).
  • 5/1 ARM rates at 3.08% (0.00).

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

3.842%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 18, 2019
  • Free 60 day rate lock
  • Eligible for PenFed Real Estate Rewards
  • Predictable Payments

3.975%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 18, 2019
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

4.191%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated June 18, 2019
  • Great customer service
  • Superior loans and mortgages
  • Clients come first

4.195%

APR
30 Year Fixed
3.875% Rate $940/mo
  • Updated June 18, 2019
  • HighTechLending is Here To Help

4.295%

APR
30 Year Fixed
3.990% Rate $954/mo
  • Updated June 18, 2019
  • Fast Easy Mortgage Rates in 10 Seconds or Less
  • Save Time and Money. Guaranteed.
  • Live Rate Quotes with NO Personal Information Required!

4.258%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated June 18, 2019
  • Certified Upfront Lender! Online Loan Estimate! Apply & Lock Rate 24/7!

3.920%

APR
30 Year Fixed
3.625% Rate $912/mo
  • Updated June 18, 2019
  • Search, Sign, Secure its your House!!!
  • Refinancing? We can help you with that, too!

5.500%

APR
30 Year Fixed
5.500% Rate $1,136/mo
  • Updated June 18, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

4.549%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • Updated June 18, 2019
  • 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.

5.500%

APR
30 Year Fixed
5.500% Rate $1,136/mo
  • Updated June 18, 2019
  • Save Time, Save Money.
  • Secure and 100% Paperless.
  • In just minutes, we’ll be able to tell you how much you can save in time and money on your loan.

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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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