Monday April 3, 2017 Mortgage Rate Watch - 4:58PM Mortgage Rates Lowest in More Than a Month Mortgage rates fell fairly quickly today as investors adjusted bond market holdings for the new month (higher demand for bonds coincides with lower rates). Money managers have to hold ... MND NewsWire - 1:42PM Residential Construction Spending Up 6.4 Percent Annually Spending on residential buildings fared better than overall construction spending in February. The U.S. Census Bureau said on Monday that expenditures for all construction was at a ... MND NewsWire - 10:16AM Prepays Nosedive but Cash-Out Refi's Near 50% Share The conditional prepayment rate (CPR), the annualized percentage of total mortgage principal that borrowers prepay on a pool of loans in a given time period, dove steeply in the early ... Pipeline Press - 9:33AM Attorneys Weigh in on MSAs, Builder Incentives, The CFPB, and RESPA Welcome to Q2! I am attending the NYMBA conference for a few days, but 1,300 miles south, in Florida (aka "God's waiting room"), folks are talking "real estate boom." Tampa now takes ... MBS Week Ahead: Bonds Approach Inflection Point Amid Data and Fed Minutes Freddie and Fannie Will Pay Up Latest Video More News from 'Around the Web' Market Watch - 4:16PM U.S. households will soon have as much debt as they had in 2008 www.realtor.com - 4:16PM Why Lower House Prices Lead to Higher Student Loan Default Rates Reuters - 4:16PM Government orders Wells Fargo to reinstate whistleblower Market Watch - 1:41PM Lost in the balance sheet debate âÂ" the Fed may pause once run-off begins CNBC - 11:50AM Student loan debt may mean fewer homeowners, less consumer spending, Fed's Dudley says CNBC - 11:47AM Homeowners are pulling cash out again; this time it's the millennials Bloomberg - 10:19AM ECB Rate Increase Debate Silenced as Officials Push Back www.gallup.com - 10:19AM US Consumers' Spending Flat in March, at $100 Reuters - 10:18AM U.S. construction spending rises to near 11-year high CNBC - 10:17AM ISM manufacturing index hits 57.2 in March vs estimate of 57 CNBC - 8:42AM The Fed's obsession with 2% inflation belongs in 'the halls of academia,' Peter Boockvar warns Bloomberg - 8:41AM Bond Traders Are No Fools, Dismissing Bluster of Four Rate Hikes CNBC - 8:41AM 40,000 homes without power as storm sweeps Southeast Market Watch - 8:40AM Don't fear the ARM as interest rates rise Calculated Risk Blog - 8:39AM Black Knight on Mortgages "44 Percent of Q4 Refis Were Cash-Outs, Most Equity Drawn in Eight Years" | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.06% | 1.30 | +0.03 | 30 Yr. Fixed | 3.76% | 1.38 | +0.03 |
30 Yr. Fixed | 4.41% | 0.38 | +0.13 | 15 Yr. Fixed | 3.64% | 0.34 | +0.12 | 30 Yr. Jumbo | 4.36% | 0.26 | +0.07 | 30 Yr. FHA | 4.15% | 0.29 | +0.13 | 5/1 ARM | 3.45% | 0.26 | +0.17 |
30 Yr. Fixed | 4.14% | 0.50 | -0.09 | 15 Yr. Fixed | 3.39% | 0.40 | -0.05 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.18% | 0.40 | -0.06 | 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 | 99.61 | +0.41 | 30YR FNMA 3.5 | 102.70 | +0.38 | 30YR GNMA 3.0 | 101.33 | +0.42 | 30YR GNMA 3.5 | 103.73 | +0.16 | 15YR FNMA 3.0 | 102.77 | +0.23 | 15YR FNMA 2.5 | 100.33 | +0.28 |
2 YR | 1.2260% | -0.0359 | 5 YR | 1.8536% | -0.0709 | 10 YR | 2.3229% | -0.0663 | 30 YR | 2.9540% | -0.0578 | Prices as of: 4/3/2017 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 | |