Mortgage Rate Update 8 4 14

By Stevie Duffin Updated on 8/4/2014

Little market moving data and headlines out today, but mortgage bonds are in stronger territory than they were on Friday - look out for falling rates. For housing market news, tune in Wednesday for the Mortgage Market Index. 

Friday: The jobs report announced 209 thousand jobs were added in July. Jobless rates rose slightly, however, jumping to 6.2 percent from the 6.1 recorded for June. 

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• 30 year (FRM) rates at 4.21% (-0.04).
• 15 year (FRM) rates at 3.32% (-0.05).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 4.04% (-0.05).
• 5/1 ARM rates at 3.25% (0.00).