March Retail Sales Data Stronger Than Expected

The market opened Monday down on stronger than expected economic news. Rates should increase today by about .125 to the points. March Retail Sales data was reported by the Commerce Department today showing a larger than expected increase in sales. This is not good news for mortgage rates as it shows strength in the consumer level of the economy.

Start here to compare mortgage rates from top lenders in our network.»

More Top Stories »

Mortgage Rates Decline, but...

Mortgage rates continue to show slight declines, but look at it as a temporary trend or if you are a borrower a fleeting opportunity.

Mortgage Rates Stagnate

Mortgage rates continued to hold steady yesterday despite the expected report of steep declines in housing starts.

Housing Starts Today

Expect a brief early trading panic as housing starts are expected to be off on a 10% decline--returning to little or no change for the day.

Mortgage Rates Expected to Remain Quite

With a light week of economic reports expect a quite week in mortgage rates.

Expect Little Change in Mortgage Rates

A day full of economic reports, but little news expected that is not already priced into the mortgage rate market.

30 Year Mortgage Rate Remains Flat

Freddie Mac reports the average 30-yr mortgage rate was flat 6.52% for the 3rd week, in the latest report while the 15-yrs dropped to 6.07% from 6.10% and the average 1-yr adjustable rate dropped to 5.18% from 5.22% (Reuters)

Bonds Down and Stocks Down Today

Bonds were down Monday despite stock market losses. Rates should however improve today on strength in bonds from last Friday afternoon. Improvement should be no more than .125 to price.

Fed Holds Rates Unchanged at Conclusion of FOMC Meeting

The Fed held rates steady at the conclusion of its meeting today, citing in a post meeting statement that although the economy has slowed, the threat of inflation remains.

Compare Rates

National Rates

Loan Type Today
30 Year Fixed   6.20
15 Year Fixed   5.83
5/1 Adjustable   5.76

Get Your Rates »

Rates may contain points

Browse Mortgage Rates

Featured Guides

Browse our comprehensive guides to popular topics related to mortgage and personal finance.

100+ Calculators