Mortgage Rates 6-10-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Mortgage rates are slightly higher today, but the cause is not clear. Rates have been on an upward spike for the past few weeks due to a combination of factors--signs that the US economy is improving, the greek debt deal, and a lack of liquidity, among other things. Mortgage rates seem to have no ceiling at this point. Now is not a good time to refinance. However, there is no guarantee that rates will go back to the lows of the beginning of this year.

Check back Thursday for May's retail sales, import prices, export prices, intital jobless claims, and the 30-year bond auction; Friday for US PPI Final Demand.

Tuesday: The direction of mortgage rates today have no real culprit. They have slightly dipped, but are expected to push higher tomorrow. Even though there is news coming from Greece about a debt deal, there is really nothing new and noteworthy occurring. There isn't any prominent domestic data coming in today, besides the 3-year treasury note auction at 1pm. Rates will be on cruise control for the rest of the day.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 4.13% (+0.03).
• 15 year (FRM) rates at 3.34% (+0.04).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 3.94% (+0.03).
• 5/1 ARM rates at 3.00% (0.00).

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

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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.