Mortgage Rates 7-21-14

By Stevie Duffin Updated on 7/21/2014

An absence of market moving data is leaving mortgage bonds unchanged. Rates are largely unchanged from end of last week. 

This week will be light where marketing moving reports are concerned, but look out for tomorrow's Consumer Price Index (CPI) and Friday's Durable Goods. Housing insights abound, however: Tuesday will see Existing Home Sales, Wednesday is where you'll find the latest Mortgage Market Index reading, and Thursday will have New Home Sales. 

Last week: June Housing Starts dropped to an annual rate of 893 thousand, a 9.3 percent dip from May and well below the expected 1.02 million. This is the slowest crawl in 9 months, headed by a drop in single family homes and apartments. Future construction is looking slow as well, since building permits dropped to an annual rate of 963K, a 4.2 percent dip. 

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• 30 year (FRM) rates at 4.16% (0.00).
• 15 year (FRM) rates at 3.31% (0.00).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.00% (0.00).
• 5/1 ARM rates at 3.21% (-0.01).