Friday July 16, 2021 Mortgage Rate Watch - 5:11PM Big News For Refi Rates As Adverse Market Fee is Removed It was big, bad news when it came out last summer. Almost a year later, the 50 basis point "adverse market fee," which affected a majority of refinance mortgages has been eliminated ... MND NewsWire - 12:48PM Home Prices May be "Exhausting" Buyers The rapid run up in house prices may be starting to exhaust potential homebuyers according to the quarterly forecast from Freddie Mac's Economic and Housing Research (EHR) Group. The ... MND NewsWire - 12:43PM Policy Changes Make Getting a Mortgage Slightly Harder There was a significant loss of credit access in June. The Mortgage Bankers Association (MBA) says its Mortgage Credit Availability Index (MCAI) fell by 8.5 percent month-over-month ... MND NewsWire - 12:45PM COVID Failed to Push Mortgage Applicants into the Digital World A set of special questions on a Q1 National Housing Survey asked consumers, who were also recent homebuyers, about their experiences obtaining a mortgage during the pandemic. Fannie ... Adverse Market Fee About to be History Controller, AE, MLO Jobs; ECOA, Referral, Broker, Warehouse Products; Correspondent and Wholesale News MBS Day Ahead: On Guard Against Another Defensive Friday Latest Video More News from 'Around the Web' Reuters - 1:55PM Yellen began Treasury job with flurry of calls and meetings, calendar shows CNBC - 1:32PM Mortgage refinance fee dropped by regulator, lowering costs for borrowers Calculated Risk Blog - 12:10PM Q2 GDP Forecasts: Forecasts Down to around 8% Fannie Mae - 11:33AM Fannie Mae Lender Letter on Adverse Fee Removal FHFA - 10:26AM 50bp Adverse Market Fee For Refis Eliminated Calculated Risk Blog - 8:50AM Retail Sales Increased 0.6% in June www.redfin.com - 8:34AM Housing Market Update: Pending Sales Dip, Price Drops Becoming More Common CNBC - 8:13AM The mystifying bond market behavior could last all summer CNBC - 8:12AM Treasury yields rise following Fed Chair Powell's testimony | Today's Rates Average Mortgage Rates 30 Yr. Fixed | 3.09% | 0.37 | -0.06 | 15 Yr. Fixed | 2.48% | 0.32 | -0.04 | 30 Yr. Jumbo | 3.16% | 0.27 | -0.04 | 30 Yr. FHA | 3.15% | 0.29 | -0.02 | 5/1 ARM | 3.02% | 0.32 | +0.08 |
30 Yr. Fixed | 2.88% | 0.70 | -0.02 | 15 Yr. Fixed | 2.22% | 0.60 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.47% | 0.30 | -0.05 | 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 UMBS 2.0 | 101.44 | -0.09 | 30YR UMBS 2.5 | 103.63 | -0.09 | 30YR GNMA 2.0 | 102.16 | -0.02 | 30YR GNMA 2.5 | 103.41 | -0.08 | 15YR UMBS 2.0 | 103.30 | -0.03 | 15YR UMBS 2.5 | 104.53 | -0.02 |
2 YR | 0.2275% | +0.0004 | 5 YR | 0.7815% | +0.0015 | 10 YR | 1.3003% | -0.0003 | 30 YR | 1.9277% | +0.0019 | Prices as of: 7/16/2021 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 | |