Mortgage Rates Likely on the Rise Thanks to Weaker MBS

By Stevie Duffin Updated on 1/14/2015

Today's trading dynamics are leaving MBS in slightly weaker territory. Watch for rising mortgage interest rates. The latter half of this week will be most significant for economic reports. For more potential mortgage rate movers, check back tomorrow for import prices, export prices and retail sales, Thursday for NY Fed manufacturing, Philly Fed business, and jobless claims, and Friday for CPI, a measure of inflation. 

Monday: MBS are in stronger territory moving into today. Watch for dropping mortgage interest rates.

Bookmark this page for daily mortgage rate updates:

• 30 year (FRM) rates at 3.69 (-0.02).
• 15 year (FRM) rates at 3.02 (-0.02).
• FHA 30 year Fixed rates at 3.25% (0.00).
• Jumbo 30 year Fixed rates at 3.62% (-0.02).
• 5/1 ARM rates at 3.23% (-0.01).