Monday December 17, 2018 Mortgage Rate Watch - 4:55PM Mortgage Rates Little-Changed Despite Market Gains Mortgage rates were fairly flat yet again today. Unlike Friday, today's market movement made a case for a bit of a drop. "Market gains" mean different things when talking about bonds ... MND NewsWire - 10:47AM Builder Confidence: Lower Rates Helping With Affordability Concerns The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that the index remains in positive territory ... MBS Commentary - 9:37AM MBS Week Ahead: Fed Week Is Here. Let's Looks at Possibilities More than anything else over the past 3 weeks, a shift in tone among Fed speakers has been at the heart of the year's best bond market rally. Seemingly overnight, the average Fed member ... Housing Forecasts Are Getting More Consistent Compliance and Documentation Products; Loan Limit Changes in the Primary Markets Latest Video More News from 'Around the Web' www.nytimes.com - 5:35PM What Is a Recession, and Why Are People Talking About the Next One? Reuters - 5:35PM S&P 500 hits 14-month low on economic jitters ahead of Fed meeting Calculated Risk Blog - 3:54PM California Bay Area Home Sales Decline 17% YoY in November, Inventory up 27% YoY CNBC - 2:08PM Gundlach says passive investing has reached 'mania' status and will exacerbate market's problems CNBC - 12:55PM 'Bond King' Jeffrey Gundlach says the Fed shouldn't raise interest rates this week www.consumerfinancemonitor.com - 11:44AM Democratic House members urge Kraninger to resume MLA exams Calculated Risk Blog - 10:17AM NAHB: Builder Confidence Declines in December CNBC - 9:45AM Stanley Druckenmiller says Fed must pause because the economy can 'ill afford a major policy error' Calculated Risk Blog - 8:50AM From the NY Fed: Manufacturing "Business activity grew at a slower pace than in recent months in New York State" CNBC - 8:35AM This map shows how much it costs to own a home in every US state CNBC - 8:08AM Treasury yields slightly lower amid lingering growth slowdown fears; Fed meeting in focus Bloomberg - 8:04AM ECB Ends Historic Stimulus Push in Bet Economic Growth to Endure Bloomberg - 8:03AM Bond Traders Ponder Next Inversion as Fed Dots Take Center Stage | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 4.15% | 1.16 | -0.02 | 30 Yr. Fixed | 4.78% | 1.15 | +0.01 |
30 Yr. Fixed | 4.96% | 0.49 | -0.01 | 15 Yr. Fixed | 4.39% | 0.50 | +0.01 | 30 Yr. Jumbo | 4.93% | 0.31 | +0.01 | 30 Yr. FHA | 4.95% | 0.80 | +0.01 | 5/1 ARM | 4.24% | 0.48 | +0.02 |
30 Yr. Fixed | 4.63% | 0.50 | -0.12 | 15 Yr. Fixed | 4.07% | 0.50 | -0.14 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 4.04% | 0.30 | -0.03 | 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 | 96.34 | +0.38 | 30YR FNMA 3.5 | 98.95 | +0.23 | 30YR GNMA 3.0 | 97.48 | +0.11 | 30YR GNMA 3.5 | 99.83 | +0.14 | 15YR FNMA 3.0 | 99.05 | 0.00 | 15YR FNMA 2.5 | 96.94 | +0.09 |
2 YR | 2.6957% | -0.0415 | 5 YR | 2.6916% | -0.0424 | 10 YR | 2.8570% | -0.0379 | 30 YR | 3.1135% | -0.0361 | Prices as of: 12/17/2018 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 | |