Thursday June 20, 2019 Mortgage Rate Watch - 6:05PM Mortgage Rates Hit New Long-Term Lows, Then Bounce Mortgage rates plunged today as the bond market extended its positive reaction to yesterday's Fed announcement. The Fed doesn't set mortgage rates, but the market's expectation of Fed ... MND NewsWire - 8:30AM Ellie Mae Chief Sees "Very Robust" Summer Sales Loans originated in May carried lower mortgage rates t han the previous month for the 5 th consecutive time according to Ellie Mae's Origination Insight Report . The average rate for ... MND NewsWire - 10:37AM Google Commits $1 Billion to Bay Area Housing If the rumors about housing in Silicon Valley are true, it is probably hard to recruit new employees if they fear they will have to live in an RV in WalMart's parking lot. Such a situation ... MND NewsWire - 10:17AM New Purchase/Renovation Loan Added to Freddie Mac Choices Freddie Mac is announcing a new loan program to help address the need for affordable housing and encourage the renovation of older homes. The company says its new CHOICE Renovation ... Delinquency Rates Down Overall, but Larger Cities Feel More Pressure Database Sales, Closing Costs Products; Lender-Related M&A; What's Moving Rates MBS Day Ahead: Strong Trend Intact After Fed Day Latest Video More News from 'Around the Web' CNBC - 5:00PM Federal Reserve's quick pivot to easier policy started with a Trump tweet on trade Bloomberg - 3:21PM Powell May Have Outed Himself on the Dot Plot as Seeing Lower Rates - Bloomberg CNBC - 2:35PM One major bank is holding the line, saying the Fed won't cut rates this year Bloomberg - 2:35PM Trump Says Powell Will ÂDo What's Right' on Interest Rates - Bloomberg Reuters - 1:45PM Fed rate-cut hints power S&P 500 to all-time high Calculated Risk Blog - 1:07PM Key Data Releases Before Next FOMC Meeting Bloomberg - 11:58AM Italian Economy Set to Contract at the Worst Possible Time Reuters - 11:30AM Fed rate-cut signal sends stocks surging, wounds yields, dollar CNBC - 9:26AM Philadelphia Fed's manufacturing gauge tumbles in June, buoying the case for lower rates www.redfin.com - 8:37AM May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months Bloomberg - 8:09AM Powell Opens Door to July Rate Cut Amid Trump Uncertainty Bloomberg - 8:03AM Treasury 10-Year Yield Slides Below 2% to Lead Global Decline | 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 | 3.84% | 0.50 | +0.02 | 15 Yr. Fixed | 3.25% | 0.40 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.48% | 0.40 | -0.03 | 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 | 100.88 | +0.06 | 30YR FNMA 3.5 | 102.28 | -0.03 | 30YR GNMA 3.0 | 102.16 | +0.08 | 30YR GNMA 3.5 | 103.20 | -0.02 | 15YR FNMA 3.0 | 102.00 | 0.00 | 15YR FNMA 2.5 | 100.77 | -0.02 |
2 YR | 1.7754% | +0.0342 | 5 YR | 1.7761% | +0.0114 | 10 YR | 2.0232% | +0.0308 | 30 YR | 2.5379% | -0.0022 | Prices as of: 6/20/2019 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 | |