Friday May 10, 2019 Mortgage Rate Watch - 5:12PM Rates End Week at Highs as Drama Dies Down Mortgage rates moved up on Friday, ultimately making it to the highest levels of the week for the average lender. Underlying bond markets came under pressure as Trump made several reassuring ... Pipeline Press - 8:50AM Correspondent Products; FHA, VA, Ginnie, and Lender News The Federal Housing Administration (FHA) announced a a package of incentives to encourage multi-family property owners to invest in thousands of neighborhoods located in Opportunity ... MBS Commentary - 8:31AM MBS Day Ahead: Consumer Prices and Trade War Risks In the day just past, markets continued to gyrate on trade war headlines more than anything. The overnight session saw some bond buying on tough talk from Trump at a campaign rally ... Condo Mortgage Business - Poised for a Breakout Lower Rates Boost Jumbo Credit Access Latest Video More News from 'Around the Web' Bloomberg - 5:11PM Fed Officials Warn Rising Inequality Is Threat to U.S. Economic Vigor Long Term CNBC - 5:10PM Trump is playing the 'long game' in China trade talks: Former White House trade advisor CNBC - 3:28PM Trump says China tariffs 'may or may not be removed' while trade talks continue CNBC - 3:10PM Trump vs. the Fed: What it means for your money eyeonhousing.org - 2:42PM Lending Conditions Tighten (But Less than Expected) Bloomberg - 2:24PM Williams Says Fed Well Positioned to Keep Economy on Good Track Bloomberg - 1:49PM Fed Seen as More Likely to Cut Rates After U.S. Tariff Boost www.realtor.com - 1:13PM Small Mortgages Are Getting Harder to Come By Reuters - 12:01PM Top Chinese trade negotiator leaves U.S. trade representative's office Calculated Risk Blog - 11:41AM Cleveland Fed: Key Measures Show Inflation Close to 2% in April Reuters - 11:24AM U.S. stocks, yields down after U.S. hikes China tariffs Reuters - 10:46AM U.S. planning to support farmers amid China trade spat: agriculture secretary www.bbc.com - 9:22AM Trade war: Trump says no need to rush on China talks CNBC - 8:40AM US consumer prices rose in April, but underlying inflation remains tame Bloomberg - 8:09AM China Is Armed With Powerful Market Weapons in Duel With Trump | 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 | 4.10% | 0.50 | -0.04 | 15 Yr. Fixed | 3.57% | 0.40 | -0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.63% | 0.40 | -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 | 98.91 | -0.08 | 30YR FNMA 3.5 | 101.02 | -0.06 | 30YR GNMA 3.0 | 100.17 | +0.02 | 30YR GNMA 3.5 | 101.97 | -0.03 | 15YR FNMA 3.0 | 100.59 | +0.02 | 15YR FNMA 2.5 | 98.95 | 0.00 |
2 YR | 2.2723% | +0.0062 | 5 YR | 2.2683% | +0.0150 | 10 YR | 2.4725% | +0.0196 | 30 YR | 2.8899% | +0.0126 | Prices as of: 5/10/2019 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 | |