Mortgage Rates 2-13-14

By Stevie Duffin Updated on 2/13/2014

What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.

Today the Labor Department released the Weekly Initial Jobless Claim report, and claims rose by 8K in the latest week to 339K (335K expected). The  four week average jumped to 336,750 from 333,250 the week before.

The Mortgage Banker's Association reported the latest from its Market Composite Index: total loan application is down 2%, refinance index down 0.2% and the purchase index is down 5%.

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• 30 year (FRM) rates at 4.42% (+0.06).
• 15 year (FRM) rates at 3.43% (+0.04).
• FHA 30 year Fixed rates at 4.00%. (+/-0.00).
• Jumbo 30 year Fixed rates at 4.33% (+0.06).
• 5/1 ARM rates at 3.24% (-0.01).