Monday August 5, 2019 Mortgage Rate Watch - 3:58PM Just When You Thought Rates Wouldn't Go Any Lower Mortgage rates were already in great shape on Friday after having fallen to the lowest levels since November 2016. Rather than draw inspiration from the week's big ticket events (Fed ... MBS Commentary - 10:01AM MBS Week Ahead: China Takes Center Stage In the week just passed, bonds set out to react to the Fed announcement and a slew of important domestic economic data. While all of the above exerted SOME influence on the bond market ... MND NewsWire - 9:01AM Rising Affordability Now Impacting Home Price Downturn Black Knight has good news for potential homebuyers , especially those in the market for their first home. The new edition of the company's Mortgage Monitor says the recent decline ... MND NewsWire - 8:19AM Majority of Owners/Buyers Want a Little More Space Even as homebuilders and affordable housing advocates are pointing to the need for changes in local regulations to reduce housing costs, homebuyers and sellers seem to be largely in ... Warehouse, Broker Products; FHA and Ginnie News; CFPB and DOJ Fair Lending Investigation? Patch Expiration Will Hit Young, Old, and Non-Traditional Earners Latest Video More News from 'Around the Web' Reuters - 3:17PM Fed's Brainard says monitoring market developments 'very closely' Calculated Risk Blog - 3:17PM Update: Framing Lumber Prices Down 20% Year-over-year Bloomberg - 3:17PM BlackRock's Rieder Says Rates Could Still Rally Another 25-Basis Points - Bloomberg CNBC - 1:25PM Top 10 cities where millennials can make big bucks and actually buy homes CNBC - 11:32AM Mortgage rates sink to 3-year low, but one third of borrowers are making this big mistake eyeonhousing.org - 10:57AM Labor Shortages Still Hurting Affordability Calculated Risk Blog - 10:13AM ISM Non-Manufacturing Index decreased to 53.7% in July Bloomberg - 9:24AM Trump Says Weaker China Yuan Currency Manipulation, Calls on Fed CNBC - 8:06AM The bond market doesn't believe the Fed cut was one-and-done, says strategist CNBC - 8:04AM Benchmark 10-year Treasury yield falls to nearly 3-year low as investors flee to safer assets | 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 | 3.75% | 0.60 | +0.00 | 15 Yr. Fixed | 3.20% | 0.50 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.46% | 0.40 | -0.01 | 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 | 101.88 | +0.45 | 30YR FNMA 3.5 | 102.97 | +0.27 | 30YR GNMA 3.0 | 102.95 | +0.34 | 30YR GNMA 3.5 | 103.91 | +0.19 | 15YR FNMA 3.0 | 102.41 | +0.25 | 15YR FNMA 2.5 | 101.30 | +0.38 |
2 YR | 1.5773% | -0.0723 | 5 YR | 1.5212% | -0.1403 | 10 YR | 1.7126% | -0.0644 | 30 YR | 2.2597% | -0.0600 | Prices as of: 8/5/2019 4:54PM 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 | |