Mortgage Rate Update 7 29 14

By Stevie Duffin Updated on 7/29/2014

Mortgage bonds were stronger overnight thanks to market influence from overseas, but dropped down to unchanged levels after the latest Consumer Confidence numbers came back stronger than expected. Keep an eye out for static or rising rates. 

For the rest of this packed week, look out for the latest Fed rate decision and GDP Wednesday, and the big July Jobs Report Friday.  

Yesterday: Mortgage bonds were weaker, only temporarily showing some positive movement in the morning. Pending Home Sales came back weaker than expected. 

Bookmark this page for daily mortgage interest rates and market updates.

• 30 year (FRM) rates at 4.20% (+0.01).
• 15 year (FRM) rates at 3.33% (+0.01).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.04% (+0.01).
• 5/1 ARM rates at 3.23% (0.00).