Mortgage Rates 5-14-14

By Stevie Duffin Updated on 5/14/2014

What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's daily poll.

Little market moving data out today, except in Producer Pricing, which saw big gains in April. The increase of 0.6% was the largest in 1.5 years and a possible omen for inflation.

Up next?: Tomorrow is heavy with Consumer Prices, NAHB Housing, NY Fed, and Philly Fed data. Even Friday is relatively loaded, with numbers due out for both Housing Starts and Building Permits. 

Yesterday: A truly unimpressive 0.1% rise in retail sales (compare to the expected 0.3%) had mortgage bond prices pushing into positive territory and breaking from three-day lows.

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• 30 year (FRM) rates at 4.22% (-0.03).
• 15 year (FRM) rates at 3.33% (-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 3.22% (-0.02).