Mortgage Rates Poised to go lower as Economic Data Disappoints InvestorsMortgage rates are poised to head lower on weak economic news. 30 Year mortgage rates already near historic lows will be going lower this week on news of slower forecast growth in service industries and employment. ADP Employer Service’s tally of job growth in April was 179,000, not as high as the median forecast of 198,000. Another factor that will drive rates lower is the Institute for Supply Management said its gauge of non-manufacturing companies is at the lowest level in eight months. Weak economic forecast sent 10 year Treasury yields are down to 3.21% this morning and as a result will force mortgage rates lower. 30 year conforming mortgage rates today are averaging 4.70%. Today's 30 year jumbo mortgage rates are averaging 5.20%. I won't be surprised if we see 30 year jumbo rates hit 5.00% sometime this month. Lender
APR / Rate
Fees / Points
Payment
$5,000
Includes 0.750 points for $3,000
Lender Fees: $2,000
$3,112 /mo
$4,750
Includes 0.925 points for $3,700
Lender Fees: $1,050
$3,190 /mo
$5,793
Includes 0.960 points for $3,840
Lender Fees: $1,953
$3,190 /mo
$3,308
Includes 0.827 points for $3,308
Lender Fees: $0
$3,216 /mo
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$3,190 /mo
$4,104
Includes 0.851 points for $3,404
Lender Fees: $700
$3,242 /mo
$4,000
Includes 0.500 points for $2,000
Lender Fees: $2,000
$2,335 /mo
$5,960
Includes 0.990 points for $3,960
Lender Fees: $2,000
$2,335 /mo
$4,250
Includes 0.800 points for $3,200
Lender Fees: $1,050
$2,399 /mo
$3,756
Includes 0.939 points for $3,756
Lender Fees: $0
$2,431 /mo
$4,833
Includes 0.720 points for $2,880
Lender Fees: $1,953
$2,431 /mo
$5,995
Includes 1.000 points for $4,000
Lender Fees: $1,995
$2,431 /mo
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,403 /mo
$3,400
Includes 0.675 points for $2,700
Lender Fees: $700
$2,496 /mo
$5,621
Includes 0.917 points for $3,668
Lender Fees: $1,953
$2,595 /mo
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
Conforming 15 year mortgage rates are now under 4.00%, the first time in a couple of months. Current 15 year mortgage rates are averaging 3.98%. 15 year jumbo mortgage rates are also lower today. Current 15 year jumbo rates are averaging 4.57%. Average mortgage rates are reported by MonitorBankRates.com. Explore Other Mortgage and Refinance Offers
Mortgage Rates Lower as Housing Market Recovers
Mortgage Rates - Current Mortgage Rates Increase Slightly to 5.24%
Home Mortgage Rates Mixed Freddie Mac: 30 Year Mortgage Rates up to 4.35%, 15 Year Mortgage Rates Unchanged at 3.83%
Finding FHA Home Loans & FHA Mortgage Rates
Mortgage Rates 6/5: Today's Mortgage Rates, Downtrend Continues: 30 Year Rates at 4.44%
Current Mortgage Rates Down to 5.08% According to Freddie Mac
Mortgage Interest Rates: Today's 30 Year Mortgage Rates at 4.97% - 15 Year Mortgage Rates at 4.40%
Mortgage Rates Increase Following Bond Yields Higher
Chase Bank 1 Year ARM Refinance Rate of 4.427%
Mortgage Rates 9-8 Current Mortgage Rates on 15 Year Mortgages at 3.30%
|