Mortgage Rates 4-27-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. The activity in Europe caused some action in the US bond market. As a result, MBS had lower prices and higher yields. MBS then bounced back after this morning's activity and are relatively unchanged in comparison to Friday. Thankfully, there are many events coming up this week. Check back Tuesday for April's consumer confidence, the 5-year note auction, and the Case-Shiller index; Wednesday for the 7-year note auction and FOMC rate decision; Thursday for the weekly initial jobless claims, Chicago PMI, and real personal consumption for March; Friday for ISM manufacturing PMI for April and March's construction spending.

Friday: Today, the durable good orders from March were released. The orders increased by 4.0% instead of the predicted 0.6%. This was mainly due to an increase in civilian aircraft orders. However, the core orders that exclude aircraft and military goods fell by 0.5%. The forecast for these internal components was a 0.3% improvement. The MBS gains have remained for the most part. There will likely be some action this afternoon ahead of next week's Fed meeting.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.71% (-0.01).
• 15 year (FRM) rates at 3.04% (-0.01).
• FHA 30 year Fixed rates at 3.37% (-0.03).
• Jumbo 30 year Fixed rates at 3.64% (-0.01).
• 5/1 ARM rates at 3.00% (-0.01).

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

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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.