Wednesday September 22, 2021 Mortgage Rate Watch - 5:31PM Epic Fed Needle Threading Leaves Rates Relatively Unchanged Mortgage rates were surprisingly steady today as the bond market reacted to a new policy announcement from the Fed. Perhaps "reacted" is the wrong word considering the market's response ... MND NewsWire - 8:10AM Inventories Pushing Buyers Toward New Homes The Mortgage Bankers Association (MBA) estimates that there were 17 percent fewer applications for new home purchases in August than in July, but those applications were 9 percent greater ... MND NewsWire - 8:08AM Mortgage Applications Rise, Reflecting Improved Inventories The volume of applications for first mortgages grew by 4.9 percent on a seasonally adjusted basis during the first full week after Labor Day. The Mortgage Bankers Association (MBA) ... MBS Commentary - 2:01PM Differences Between Previous and Current FOMC Statements The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability ... MBS RECAP: Powell Confirms Taper Timeline, But Bonds Barely Budge MBA, LO, AE Jobs; Non-QM, Jumbo, BPO, BE/Mand, Sales Products; Whole Loan/PSPA Execution Change MBS Morning: Tapering Should Remain on Hold, But Still Lots to Consider on Fed Day Latest Video More News from 'Around the Web' CNBC - 3:15PM Half of the Fed members now see the central bank hiking rates next year Reuters - 2:10PM Fed flags bond-buying taper 'soon,' rate hike shifts to 2022 Reuters - 1:40PM U.S. Senate showdown vote on debt limit could come next week CNBC - 1:18PM Why renters are struggling so much now Calculated Risk Blog - 1:18PM AIA: "Architecture billings continue to increase" in August Reuters - 11:27AM Fed likely to open bond-buying 'taper' door, but hedge on outlook CNBC - 10:44AM Here's why the Evergrande crisis is not China's 'Lehman moment' CNBC - 10:05AM Existing home sales fall 2% as first-time buyers are priced out www.redfin.com - 8:57AM Demand for Second Homes Fell 19% Year Over Year in August CNBC - 8:34AM Jamie Dimon warns it's possible the Fed could be forced into a sharp move next year CNBC - 8:04AM U.S. Treasury yields rise ahead of Fed decision | Today's Rates Average Mortgage Rates 30 Yr. Fixed | 2.99% | 0.30 | +0.02 | 15 Yr. Fixed | 2.35% | 0.25 | +0.02 | 30 Yr. Jumbo | 3.15% | 0.29 | +0.03 | 30 Yr. FHA | 3.06% | 0.27 | -0.02 | 5/1 ARM | 2.52% | 0.15 | -0.41 |
30 Yr. Fixed | 2.86% | 0.70 | -0.02 | 15 Yr. Fixed | 2.12% | 0.60 | -0.07 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.51% | 0.10 | +0.09 | 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 | 101.00 | -0.02 | 30YR UMBS 2.5 | 103.64 | -0.05 | 30YR GNMA 2.0 | 101.80 | +0.02 | 30YR GNMA 2.5 | 103.19 | -0.03 | 15YR UMBS 2.0 | 103.41 | -0.03 | 15YR UMBS 2.5 | 104.52 | -0.02 |
2 YR | 0.2403% | +0.0224 | 5 YR | 0.8536% | +0.0195 | 10 YR | 1.3040% | -0.0237 | 30 YR | 1.8125% | -0.0547 | Prices as of: 9/22/2021 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 | |