Mortgage Rates 3-27-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Although markets are focusing on the Q1 gdp for 2015, the third and finalized estimate for 2014's Q4 was released today. The result was that gdp grew 2.2%, whereas the forecast was 2.4%. It was close enough to the forecast to negate any real impact on rates. Mortgage rates have continued to increase this morning and have regained their losses since the fed meeting last week. There is no other significant data that will be released until Monday. Expect rates to keep within a narrow range for the remainder of the week.

Thursday: The recent economic data has been very mixed, which explains the random fluctuations in mortgage rates. Jobless claims data was released this morning, with fewer Americans than expected filling out unemployment applications. They fell by 9,000 to 282,000, reaching the lowest level in 5 weeks. Mortgage rates have been slightly increasing this morning. That being said, rates are still very low overall.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.80% (+0.10).
• 15 year (FRM) rates at 3.09% (+0.07).
• FHA 30 year Fixed rates at 3.50% (+0.15).
• Jumbo 30 year Fixed rates at 3.68% (+0.06).
• 5/1 ARM rates at 3.15% (+0.03).

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

Disclaimer

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.