What will interest rates do tomorrow? Industry professionals are confident that the mortgage market will improve slightly, while holding mostly stable, according to our live poll. Janet Yellen will be voted in by senate today, confirming her seat as Chairman of the Federal Reserve. She is less favorable to Federal Tapering, implying interest rates may remain at historic lows longer than we have anticipated. The Initial Jobless Claims Report presented data near forecasted levels today and will not significantly influence rates. Bookmark this webpage for up-to-date rates and mortgage news.
Displaying rates for Mortgage Refinance in CA for $200,000
30-year (FRM) rates decreased by .04% to 4.42%. The 52-week high is 4.85%.
15-year (FRM) rates dropped by .03% to 3.50%. The 52-week high is 3.90%.
FHA 30-Year Fixed rates declined by .06% to 4.19%. The 52-week high is 4.60%.
Jumbo 30 Year Fixed rates came down by .02% to 4.36%. The 52-week high is 4.79%.
5/1 Year (ARM) rates rose by .03% to 3.22%. The 52-week high is 3.37%.
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