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Rate APR Points
5/1 Conforming ARM ($300,000 loan, $400,000 value)
2.375% 2.813% 0.000
Conv. 15 Yr Fixed ($300,000 loan, $400,000 value)
2.875% 2.958% 0.000
FHA 30 Yr Fixed ($289,500 loan, $300,000 value)
3.250% 4.284% 0.000
Conv. 30 Yr Fixed ($300,000 loan, $400,000 value)
3.625% 3.653% 0.000
Jumbo/High Balance 30 Yr Fixed ($600,300 limit, Salt Lake & Summit Counties)
3.625% 3.652% 0.000
Apr 17 2015, 09:28AM MT
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Today's Interest Rate News

April 17, 2015; 9:32am

Good morning!

Interest rate trends: Today – Slightly higher; 10 days – Flat; 25 days – Flat

Interest rate recommendation:  Locking bias

Mortgage bonds (MBS’s) are trading slightly lower this morning, currently at -8bps.  In economic news this morning, the CPI (inflation index) came in right on expectations at 0.2% for March and the Consumer Sentiment increased to 95.9.  There wasn’t much movement in interest rates this week and there doesn’t look to be much reason for interest rates to move much next week, based on economic reports due out next week.  Current MBS prices (interest rates) are at really good levels, currently better than the 25, 50 and 100 day moving averages.  Without any convincing reason for interest rates to move lower, we will maintain our locking bias and enjoy these low rates.  Have a great day and enjoyable spring weekend!