Mortgage Rates 6-24-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Mortgage rates continue their upward trend today. This steep climb begun at the beginning of June, had a short pause last week, and resumed its climb. The Greek debt drama takes center stage as the main cause behind rates. There is a lack of buying ahead of the 5-year auction today, which traders are waiting for. Tomorrow will prove to be more exciting and you can expect rates to increase. Check back Thursday for consumption in May, core PCE price index, initial jobless claims, and the 7-year note auction.

Tuesday: Mortgage rates have begun to rise again today. There were various factors for this including some big corporate debt deals and strong new home sales data. Mortgage rates are back to their highs of the year. Yields on the ten-year Treasury note are also climbing; on Friday they were at 2.26% and now at 2.40%.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 4.14% (+0.04).
• 15 year (FRM) rates at 3.33% (+0.03).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 3.93% (+0.03).
• 5/1 ARM rates at 3.12% (+0.02).

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.