Next Steps
Apply Online
Get a Quote
Learn

Our Rates

View more rates or programs.

Rate APR Points
5/1 Conforming ARM
2.875% 2.898% 0.000
Conv. 15 Yr Fixed
3.000% 3.152% 0.000
FHA 30 Yr Fixed
3.750% 5.298% 0.000
Conv. 30 Yr Fixed
4.000% 4.088% 0.000
Jumbo 30 Yr Fixed
4.125% 4.215% 0.000
Apr 17 2014, 10:36AM MT
Assumptions  Apply Here

Today's Interest Rate News

April 17, 2014; 10:43am

Interest rate trends: Today – Higher; 10 days – Flat; 25 days – Flat

Interest rate recommendation:  Locking bias

Mortgage bonds (MBS’s) are taking a hit today on better than expected economic reports.  The only good news for mortgage interest rates was Fed Chair Janet Yellen’s comments that a health Jobs Report is still a few years out, indicating to the stock market investors that interest rates should remain low for a long time.  The Stock market is flat on all the news, but mortgage bonds are taking it on the chin – currently worse by -47bps.  The equity and bond markets are closed tomorrow for Good Friday, another reason for bonds to move lower for the holiday long weekend.  The next Market News and interest rate email will be on Monday April 21st.  Have a great day and very nice holiday weekend!    

 

   

   

  

   

 

  

 

 

 

  

 

 

Phone: 800-706-6648 | Fax: 800-660-9110
Great American Lending (NMLS# 201546) | 845 E. 3450 N., North Ogden, Utah 84414