Mortgage Rate Update 11 14 14

By Stevie Duffin Updated on 11/14/2014

Retail sales came back high for October, jumping 0.3 percent and 0.1 percent above economist predictions. Import prices including oil, on the other hand, came back at their weakest monthly levels in two years. The import price data points to overseas markets keeping U.S. inflation at bay. Later in the day bonds got into more positive territory. Watch for dropping mortgage interest rates. 

Thursday: Mortgage bonds grew stronger overnight thanks to European market influence. Mortgage interest rates fell. Inconsequential was jobless claims data, which came back higher than the last report but still hovers near 14-year lows. 

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

• 30 year (FRM) rates at 4.05 (0.00).
• 15 year (FRM) rates at 3.23 (0.00).
• FHA 30 year Fixed rates at 3.55% (-0.05).
• Jumbo 30 year Fixed rates at 3.93% (-0.01).
• 5/1 ARM rates at 3.23% (+0.01).