Thursday May 23, 2019 Mortgage Rate Watch - 5:28PM Mortgage Rates Drop Quickly as Market Panic Sets In Mortgage rates dropped quickly today as global financial markets underwent a volatile shift. When money is flowing out of stocks and into bonds (as it was today) rates move lower. There ... MND NewsWire - 10:46AM New Home Sales End Three-Month Winning Streak, Still Up from 2018 After three straight months of gains, April's new home sales were expected to give back a little and they did. The U.S. Census Bureau said sales of newly constructed homes were at a ... MND NewsWire - 8:11AM Calabria Says Let Fannie/Freddie Make More Profit If you stuffed the old certificates in your sock drawer ten years ago, it may be time to dig them out. Mark Calabria, the new director of the Federal Housing Finance Agency (FHFA) says ... MND NewsWire - 8:16AM UI Urges CFPB, Don't Limit Access to Loan Information The Urban Institute (UI) is urging the Consumer Financial Protection Bureau (CFPB) to rethink its plans for Home Mortgage Disclosure Act (HMDA) reporting. The HMDA, passed in 1975, ... MBS Day Ahead: And Now We're Trendless Construction, Subservicer, Reverse Products; Technology Options Report Latest Video More News from 'Around the Web' CNBC - 5:16PM The bond market is sending a scary message of recession, rate cuts and an unending trade war Bloomberg - 4:03PM Can Bond Traders Snooze Through Trade-War Alarm? Reuters - 4:03PM Global growth worries slam Wall St. as trade tensions persist Reuters - 3:10PM U.S. tariffs on China to cost American households: NY Fed research Reuters - 3:10PM Trade uncertainties big downside risk, Fed officials say CNBC - 2:17PM Mortgage rates fall, and could go even lower, as bond yields fall on fears of a protracted China trade war www.consumerfinancemonitor.com - 1:44PM CFPB publishes Spring 2019 rulemaking agenda Bloomberg - 1:01PM U.S. Treasury 10-Year Yield Drops to Lowest Level Since 2017 Calculated Risk Blog - 11:55AM Kansas City Fed: "Growth in Tenth District Manufacturing Activity Continued at a Modest Pace" Bloomberg - 10:44AM Fed Staff Lose Faith Central Bank Will Hit 2% Inflation Goal Reuters - 10:22AM New tariffs on Chinese goods to cost typical U.S. household $831 a year: NY Fed research CNBC - 9:28AM The US tariffs on China have been paid almost entirely by US importers: IMF study Calculated Risk Blog - 8:55AM Weekly Initial Unemployment Claims Decrease to 211,000 www.builderonline.com - 8:31AM Low Foreclosure Rates Breaking Records in North Texas Bloomberg - 8:04AM Fed's Williams Sees No Strong Case for a Rate Move Now Bloomberg - 8:03AM Fed Pushes Back Against Rate Cuts That Markets Continue to Seek | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 4.22% | 1.43 | -0.12 | 30 Yr. Fixed | 4.78% | 1.18 | -0.20 |
30 Yr. Fixed | 4.67% | 0.00 | +0.02 | 15 Yr. Fixed | 0.00% | 0.00 | -4.00 | 30 Yr. Jumbo | 0.00% | 0.00 | -4.40 | 30 Yr. FHA | 0.00% | 0.00 | -4.64 | 5/1 ARM | 0.00% | 0.00 | -3.95 |
30 Yr. Fixed | 4.06% | 0.50 | -0.01 | 15 Yr. Fixed | 3.51% | 0.40 | -0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.68% | 0.40 | +0.02 | 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 | 99.52 | +0.28 | 30YR FNMA 3.5 | 101.44 | +0.22 | 30YR GNMA 3.0 | 100.73 | +0.34 | 30YR GNMA 3.5 | 102.27 | +0.20 | 15YR FNMA 3.0 | 100.97 | +0.20 | 15YR FNMA 2.5 | 99.39 | +0.25 |
2 YR | 2.1502% | -0.0766 | 5 YR | 2.1175% | -0.0652 | 10 YR | 2.3220% | -0.0583 | 30 YR | 2.7565% | -0.0503 | Prices as of: 5/23/2019 5:05PM 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 | |