Mortgage Rates 4-22-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. With the spring house buying season starting to kick off, finally the bond markets are seeing some action. Finally the markets are seeing some bond action. Spring housing season is starting to pick up. Sales of previously owned homes in March were stronger than expected at 5.19 million instead of the forecasted 5.03 million. This is a 6.1% increase over the previous month of February which was at 4.89 million. MBS selling increased after this influx of positive data. Check back Thursday for the weekly initial jobless claims and new home sales in March, and Friday for durable good sales in March.

Tuesday: Rates have been stable today, barely moving above yesterday's. In fact, the 30-year fixed rate has moved so little in the last four weeks that it has stayed in the range of 3.66%-3.70%. The markets seem to be on pause until the Fed takes a decisive move on interest rates.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 3.66% (0.00).
• 15 year (FRM) rates at 3.01% (0.00).
• FHA 30 year Fixed rates at 3.30% (0.00).
• Jumbo 30 year Fixed rates at 3.61% (-0.01).
• 5/1 ARM rates at 3.07% (-0.04).

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.