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Mortgage Rates 3-11-15

By Carolina Palmer Updated on 3/11/2015

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Today's auction of 10-year treasury notes sold $21 billion. The demand was about average and the yield was higher than February's, so it went well overall. The 10-year note auction will be impacting MBS as rates have continued to decrease.

Tomorrow there will be many events occurring. Check back to see import and export prices, retail sales, initial jobless claims, and the 30-year bond auction results.

Tuesday: As the European bond market strengthened, so has the US market. US 10-year yields have been steadily decreasing. MBS have retraced a majority of the losses from last week. The European bond reinvigoration was due to new QE purchases and political drama in Greece.

Bookmark this page for daily mortgage updates:

  • 30 year (FRM) rates at 3.87% (-0.04).
  • 15 year (FRM) rates at 3.15% (-0.04).
  • FHA 30 year Fixed rates at 3.5% (-0.10).
  • Jumbo 30 year Fixed rates at 3.75% (-0.07).
  • 5/1 ARM rates at 3.17% (-0.02).

Displaying rates for Mortgage Refinance in CA for $200,000

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About The Author:
Carolina Palmer
Carolina Palmer is the Senior Editor at Lender411. She graduated from Concordia University Irvine with a Bachelor's Degree in Communication Studies and Marketing. She has multiple years of experience in marketing and writing, and has previously worked with 3D Systems and Microsoft.

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