Thursday May 17, 2018 Mortgage Rate Watch - 4:48PM Mortgage Rates Are Actually Higher Than You've Heard It's Thursday, which is when Freddie Mac's weekly Mortgage rate survey comes out. The survey is the most widely quoted source material for major media outlets. As such, headlines abound ... MBS Commentary - 10:39AM MBS Day Ahead: Great News! Maybe... It's been pretty doomy and gloomy around here so far this week, what with the spike to the highest 10yr yields in nearly 7 years and what not. So how about an op-ed counterpoint to ... MND NewsWire - 9:25AM White House Could Preempt Congress' Inaction on GSEs Two noted economists seem to be holding little hope that Congress will take up in any way changing the status quo of the government-sponsored enterprises (GSEs) before adjourning next ... MND NewsWire - 9:06AM Rising Rates Tilt Origination Composition The interest rates on loans that closed in April were the highest since Ellie Mae started tracking data in 2011. According to the company's Origination Insight Report for April, the ... Construction and VA Rehab Products; FHA and Lender Disaster News; Economy Solid Housing Starts Weakened as Expected in April Latest Video More News from 'Around the Web' Bloomberg - 2:48PM Surging Mortgage Rates Set Off Scramble to Buy Homes Bloomberg - 2:04PM Bond Traders Show Little Fear of Fed Yield-Curve 'Inversion Put' Calculated Risk Blog - 1:20PM Earlier: Philly Fed Manufacturing Survey "Suggest a pickup in growth" in May www.consumerfinancemonitor.com - 1:00PM FTC approves appointment of Andrew Smith to head Bureau of Consumer Protection Fannie Mae - 11:43AM 2018 Growth Forecast Holds But 2019 Gets Modest Downgrade Calculated Risk Blog - 11:24AM NY Fed Q1 Report: "Total Household Debt Rises for 15th Straight Quarter, Led by Mortgages, Student Loans" Bloomberg - 10:57AM Fed to Resist Adding Capital Demand for Biggest Banks CNBC - 10:31AM Leading indicators up for sixth straight month freddiemac.mwnewsroom.com - 10:06AM Mortgage Rates Move Up to Highest Level in Seven Years Reuters - 8:40AM U.S. weekly jobless claims rise; unemployment rolls smallest in 45 years CNBC - 8:35AM Real estate mogul: The No. 1 mistake first-time homebuyers make CNBC - 8:35AM This is how much of a home $300,000 will buy you across the US | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.65% | 1.14 | +0.09 | 30 Yr. Fixed | 4.19% | 1.21 | +0.02 |
30 Yr. Fixed | 4.68% | 0.46 | -0.01 | 15 Yr. Fixed | 4.12% | 0.51 | +0.05 | 30 Yr. Jumbo | 4.55% | 0.37 | +0.00 | 30 Yr. FHA | 4.69% | 0.81 | -0.04 | 5/1 ARM | 3.83% | 0.68 | -0.10 |
30 Yr. Fixed | 4.61% | 0.40 | +0.06 | 15 Yr. Fixed | 4.08% | 0.40 | +0.07 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.82% | 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 FNMA 3.0 | 95.31 | 0.00 | 30YR FNMA 3.5 | 98.22 | 0.00 | 30YR GNMA 3.0 | 96.64 | +0.03 | 30YR GNMA 3.5 | 99.33 | 0.00 | 15YR FNMA 3.0 | 98.41 | +0.02 | 15YR FNMA 2.5 | 96.36 | +0.02 |
2 YR | 2.5729% | -0.0205 | 5 YR | 2.9393% | -0.0050 | 10 YR | 3.1149% | +0.0111 | 30 YR | 3.2504% | +0.0274 | Prices as of: 5/17/2018 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 | |