Mortgage Rates 3-4-14

By Stevie Duffin Updated on 3/4/2014

What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.

Vladimir Putin's announcement that there is no immediate need to take action in Ukraine has driven more interest in stocks and pushed the bond market down this morning. 

CoreLogic reports that home sales rose by 12% in January 2014 from January of 2013, marking the 23rd consecutive month with year-over-year housing gains. 

Look out for Wednesday's ISM Non-Manufacturing and ADP reports, Thursday's Jobless Claims as well as the European Central Bank press conference, and most notably, Friday's Jobs report. 

Recap: The second GDP reading for Q4 2013 showed a disappointing 2.4%. The initial reading had been 3.2% and well beneath Q3's 4.1%. The drop is being attributed to weak consumer spending and commercial export data, an indicator of still turbulent economic recovery. Additionally, many factors that detract from GDP growth saw gains: federal, state, and local government spending; residential fixed investment; and imports. 

Bookmark this page for daily mortgage interest rates and market updates.

• 30 year (FRM) rates at 4.33% (-0.05).
• 15 year (FRM) rates at 3.37% (-0.03).
• FHA 30 year Fixed rates at 3.75%. (+/-0.00).
• Jumbo 30 year Fixed rates at 4.20% (-0.04).
• 5/1 ARM rates at 3.26% (+0.03).