Mortgage Rates 6-26-15

What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll. Mortgage rates have been largely flat this week and that trend continues today. Greek drama is to blame for some of the MBS weakness, but it is not the only culprit. The lack of liquidity is an ongoing problem. There are a lot of headlines indicating that Greece will finalize a debt deal over the weekend. Although this could very well be more hype and speculation that doesn't come to fruition. The only sure thing is that Greek news is making waves until we get some riveting econ data next week.

Thursday: Bond markets are weaker and mortgage rates haven't moved since yesterday. There is no real culprit for the MBS weakness. The economic data presented today was not a big market mover because it came out so close to expectations (Jobless Claims and Personal Consumer Expenditure). The 7-year auction at 1pm is the next potential market mover.

Bookmark this page for daily mortgage updates:

• 30 year (FRM) rates at 4.14% (0.00).
• 15 year (FRM) rates at 3.33% (0.00).
• FHA 30 year Fixed rates at 3.75% (0.00).
• Jumbo 30 year Fixed rates at 3.93% (0.00).
• 5/1 ARM rates at 3.13% (+0.01).

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.