Mortgage Rates Are Looking Up

By Stevie Duffin Updated on 2/26/2015

Mortgage bonds are in weaker territory today, despite a stronger morning. Durable goods orders came in higher than the expected, jumping 2.8 percent in January. CPI data came in poor, falling 0.7 percent last month and marking the biggest slip since December of 2008. Jobless claims came back heavier than predicted, hitting 313,000 and well above the predicted 290,000. More market movement could come today with treasury auctions, but for now watch for rising mortgage interest rates. 

For more potential mortgage market movers, check back tomorrow for preliminary GDP data and Chicago PMI. 

Bookmark this page for daily mortgage rate updates:

• 30 year (FRM) rates at 3.77% (-0.02).
• 15 year (FRM) rates at 3.07% (-0.07).
• FHA 30 year Fixed rates at 3.50% (0.00).
• Jumbo 30 year Fixed rates at 3.76% (-0.04).
• 5/1 ARM rates at 3.11% (-0.02).