Mortgage Rates 4-20-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Overall bond markets are weaker, but there aren't any significant economic events scheduled for today. It is a typical monday lacking in trading activity. Mortgage rates still remain low heading into the spring buying season.

Check back tomorrow for Ginnie Mae 30 year, Wednesday for existing home sales for March, Thursday for the weekly initial jobless claims and new home sales in March, and Friday for durable good sales in March.

Friday: After this morning's bond market volatility, MBS remain nearly unchanged. This has been a recurring trend. The first announcement was that the Consumer Price Index rose 0.2% in March for the second consecutive month. The expectation was for a 0.3% increase. The second market mover was the Consumer Sentiment Index for early April. It rose to 95.9 showing an increase in optimism. The expectation was 94.0. In response, the 15-year fixed rate and FHA 30-year fixed rate have declined today, while the Jumbo 30-year fixed rate and 5/1 ARM rate barely inched higher.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.66% (+0.01).
• 15 year (FRM) rates at 3.01% (+0.02).
• FHA 30 year Fixed rates at 3.30% (+0.05).
• Jumbo 30 year Fixed rates at 3.63% (+0.01).
• 5/1 ARM rates at 3.10% (+0.03).

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

Disclaimer

Carolina Palmer

Carolina Palmer is the Senior Editor at Lender411. She graduated from Concordia University Irvine with a Bachelor's Degree in Communication Studies and Marketing. She has multiple years of experience in marketing and writing, and has previously worked with 3D Systems and Microsoft.