Mortgage Rate Update 10 7 14

By Stevie Duffin Updated on 10/7/2014

Trading activity and markets overseas are contributing to stronger bond markets today, including MBS. Watch for dropping mortgage interest rates. For other potential market moving data, tune in Wednesday when the Fed releases FOMC meeting minutes, Thursday for jobless claims and Friday for import and export prices. 

Yesterday: Mortgage bonds were in stronger territory in absence of economic data (which may not have prompted market movement either way). 

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

• 30 year (FRM) rates at 4.13 (-0.02).
• 15 year (FRM) rates at 3.30 (-0.02).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.00% (-0.02).
• 5/1 ARM rates at 3.24% (-0.01).