Mortgage Rates 6-12-14

By Stevie Duffin Updated on 6/12/2014

What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.

Mortgage bonds are stronger today after Retail Sales came back weaker than expected and Initial Jobless Claims increased in the latest week. Retail grew 0.3% in May, falling short of Wall Street's 0.6% projections. Mortgage rates are down.

Yesterday: Total mortgage loan application volume is up significantly in the latest week, by 10.3%. The Mortgage Bankers Association released that and other data Wednesday, including robust refinance volume at +11% and purchase volume, up 9%. 

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• 30 year (FRM) rates at 4.21% (-0.04).
• 15 year (FRM) rates at 3.36% (-0.01).
• FHA 30 year Fixed rates at 3.80% (0.00).
• Jumbo 30 year Fixed rates at 4.06% (-0.01).
• 5/1 ARM rates at 3.20% (-0.01).