Thursday September 19, 2019 Mortgage Rate Watch - 4:23PM Think The Fed Cut Mortgage Rates? Think Again Here is exactly what yesterday's Fed rate cut did to mortgage rates: ABSOLUTELY NOTHING! No Fed rate cut (or hike) will EVER do ANYTHING directly to mortgage rates because the Fed doesn ... MND NewsWire - 11:17AM 2018's Home Sales Slump Now Fully Erased While the increase wasn't as strong as in July, last month's existing home sales posted a second straight month of gains and, as previously, the National Association of Realtors® ... MND NewsWire - 8:38AM Fannie Mae Turns Bullish on Construction, Best Levels Since May Fannie Mae says consumer spending will continue to support the economy. The company's Economic Summary for September cites increases in auto and retail sales, real disposable personal ... MBS Day Ahead: Bonds Set to Battle Potentially Important Level Originator, Servicing, Correspondent Products; Why Extensions Cost Money Latest Video More News from 'Around the Web' Reuters - 4:01PM U.S. House approves short-term funding measure www.consumerfinancemonitor.com - 2:24PM New plot twist: CFPB agrees its structure is unconstitutional Calculated Risk Blog - 12:41PM Comments on August Existing Home Sales CNBC - 11:43AM Home flippers see lowest returns in 8 years as costs rise CNBC - 11:05AM Fed calms overnight funding market, unclear how long it will continue special operations Calculated Risk Blog - 10:05AM Philly Fed Manufacturing shows Continued Expansion in September, At Slower Pace www.realtor.com - 9:16AM Attention Bargain Hunters: The Best Time of the Year to Buy a Home Is CNBC - 8:41AM US weekly jobless claims rise less than expected Bloomberg - 8:03AM Bond Traders Are Still Leaning Toward Another 2019 Fed Rate Cut CNBC - 8:02AM Housing starts just hit 12-year high, but sector may be getting 'ahead of itself,' says strategist | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.79% | 1.21 | -0.12 | 30 Yr. Fixed | 4.39% | 1.12 | -0.22 |
30 Yr. Fixed | 4.12% | 0.38 | +0.08 | 15 Yr. Fixed | 3.48% | 0.32 | +0.06 | 30 Yr. Jumbo | 4.07% | 0.21 | +0.04 | 30 Yr. FHA | 4.01% | 0.28 | +0.04 | 5/1 ARM | 3.58% | 0.27 | +0.02 |
30 Yr. Fixed | 3.73% | 0.50 | +0.17 | 15 Yr. Fixed | 3.21% | 0.50 | +0.12 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.49% | 0.40 | +0.13 | Current Mortgage Rates »* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets 30YR FNMA 3.0 | 101.02 | -0.03 | 30YR FNMA 3.5 | 102.31 | -0.02 | 30YR GNMA 3.0 | 102.33 | +0.02 | 30YR GNMA 3.5 | 103.56 | +0.03 | 15YR FNMA 3.0 | 101.92 | +0.02 | 15YR FNMA 2.5 | 100.48 | +0.03 |
2 YR | 1.7439% | -0.0202 | 5 YR | 1.6630% | -0.0148 | 10 YR | 1.7874% | -0.0122 | 30 YR | 2.2305% | -0.0202 | Prices as of: 9/19/2019 5:06PM EST | Current MBS / Treasury Prices »MBS and Treasury data provided by Thomson Reuters.Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information | |