Mortgage Rates 4-2-14

By Stevie Duffin Updated on 4/2/2014

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

Mortgage bonds are sitting lower today after the ADP report showed private employer hires at 191K, below the 215 expected. The big report comes Friday when government jobs data is projected to be 195K in the public and private sectors. 

Yesterday CoreLogic reported that home prices in February rose 12.2% compared to the same time last year. Prices rose 0.8% fro January to February, still 17% below the halcyon days of April 2006.

Look out for Friday's big NFP Employment Situation Report. The markets will surely be keeping a close eye on data leading up to Friday's announcement. 

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• 30 year (FRM) rates at 4.54% (0.00).
• 15 year (FRM) rates at 3.52% (-0.01).
• FHA 30 year Fixed rates at 4.05%. (0.00).
• Jumbo 30 year Fixed rates at 4.29% (-0.01).
• 5/1 ARM rates at 3.24% (-0.01).