Mortgage Rates 4-10-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Import and export prices did not have a strong effect on MBS. Export prices increased by 0.1%, which surpassed expectations of a 0.2% decline. Import prices fell in line with predictions; they decreased by 0.3%. MBS remain relatively unchanged this week and have been stable overall this year.

Next week will be much more eventful. Tuesday there is the PPI and March retail sales; Wednesday there is the Empire State Manufacturing Survey, the Fed's Beige Book, and Industrial Production for March; Thursday there will be the Weekly Jobless Claims Report, March housing starts, and the Phily Fed Business survey; Friday there will be the Consumer Price Index and the Consumer Sentiment Report.

Thursday: Mortgage rates continue to push near record lows this week. This is causing some lenders to consider negative repricing. The 30-year bond auction this morning had weak demand due to residual effects from the jobs report. The treasury department auctioned $13 billion in 30-year bonds at a high yield of 2.597%. Check back tomorrow for March's import and export prices.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.72% (+0.02).
• 15 year (FRM) rates at 3.04% (+0.01).
• FHA 30 year Fixed rates at 3.35% (0.00).
• Jumbo 30 year Fixed rates at 3.67% (+0.02).
• 5/1 ARM rates at 3.07% (+0.02).

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.