Mortgage Rate Update 8 13 14

By Stevie Duffin Updated on 8/13/2014

The prediction was a jump of 0.2 percent from June, but this morning revealed flat July Retail Sales data - complete with weaker auto and auto parts sales - as well as weak numbers from European markets. All are boosting the mortgage bond today. Look out for dropping mortgage interest rates. 

For potential market movers, keep an eye out for Thursday's Import Prices, Friday's release of Empire State Manufacturing data, and of course, geopolitics in the headlines.

Yesterday: Mortgage bonds held Monday's levels on this quiet day. 

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• 30 year (FRM) rates at 4.18% (+0.01).
• 15 year (FRM) rates at 3.31% (+0.01).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.02% (+0.01).
• 5/1 ARM rates at 3.24% (+0.01).