Mortgage Rate Update 10 9 14

By Stevie Duffin Updated on 10/9/2014

Yesterday's excitement is now backing off - bonds are slightly weaker, although seemingly unaffected by jobless claims, which dropped to their lowest, almost pre-recession levels. The 1,000 claim drop was far off from the expected, since economists predicted a rise in unemployement benefits claims. Watch for rising mortgage interest rates. 

For other potential market moving data, tune in tomorrow for import and export prices. 

Yesterday: FOMC meeting minutes came in and with good news: low oil prices and a stronger U.S. dollar moved stocks and bonds into a rally. Mortgage rates fell. 

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

• 30 year (FRM) rates at 4.06 (-0.03).
• 15 year (FRM) rates at 3.25 (-0.03).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 3.95% (-0.02).
• 5/1 ARM rates at 3.21% (-0.01).