Tuesday August 29, 2017 Mortgage Rate Watch - 6:00PM Mortgage Rates Now Easily into "High 3's" It's one thing for the highly competitive environment of "rate table" advertising (where lenders compete and you get confused) to be reporting mortgage rates approaching the mid 3's ... MND NewsWire - 1:29PM Wells Fargo Sued Over Lock Fees Another day, another Wells Fargo consumer lawsuit. This time the bank is confronting a class action suit accusing it of improperly charging mortgage customers for interest rate locks ... MND NewsWire - 10:32AM Don't Bet on a Home Price Reversal Just Yet Although home prices were generally expected to begin cooling off by the middle of 2017, the most recent Case-Shiller Home Price Index suggests the strong performance doesn't show signs ... MND NewsWire - 3:16PM Mortgage Bank Profits Highest in Three Quarters The bottom line for many mortgage banks recovered significantly in the second quarter of 2017, after two quarters of severely declining profits. The Mortgage Bankers Association (MBA ... Freddie Mac: Portfolio is Growing MBS Day Ahead: Geopolitical Risk Sets Up Technical Victory (and Some Defeat) Credit Reporting and Broker Products; Credit Guideline Changes Latest Video More News from 'Around the Web' Washington Post - 5:55PM HUD tightens requirements for loans seniors can take against their homes CNBC - 3:47PM After Harvey and North Korea, big economic and market gains are coming, Jim Paulsen says CNBC - 3:11PM Market thinks Fed could hold off on rate hikes for another year  at least CNBC - 3:10PM Buyers 'fight over scraps' in ever-pricier housing CNBC - 1:26PM Most Harvey flood victims uninsured, face big bills alone Reuters - 12:20PM U.S. consumer confidence hits five-month high; house prices rise PR Newswire - 12:05PM First-Time Homebuyer Demand Continues to Outpace Housing and Mortgage Market, Driving Home Pricing Appreciation Calculated Risk Blog - 11:32AM Real House Prices and Price-to-Rent Ratio in June Reuters - 11:31AM Homeowner's lawsuit says Wells Fargo charged improper mortgage fees CNBC - 10:25AM Consumer confidence strengthens in August, beating expectations for a drop webfeeds.brookings.edu - 10:24AM Labor market pump is primedÂwe must take advantage CNBC - 9:30AM Massive Texas vaults ready to truck cash to Harvey-devastated areas, says ex-Dallas Fed president CNBC - 8:46AM Trump says Âall options are on the table for North Korea': White House CNBC - 8:45AM Detroit's tiny houses are giving low-income earners a shot at homeownership | 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 | 4.13% | 0.32 | +0.00 | 15 Yr. Fixed | 3.39% | 0.33 | -0.01 | 30 Yr. Jumbo | 4.09% | 0.20 | +0.01 | 30 Yr. FHA | 4.02% | 0.41 | -0.02 | 5/1 ARM | 3.31% | 0.25 | +0.05 |
30 Yr. Fixed | 3.86% | 0.50 | -0.03 | 15 Yr. Fixed | 3.16% | 0.50 | +0.00 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.17% | 0.50 | +0.01 | 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 | 101.06 | +0.11 | 30YR FNMA 3.5 | 103.56 | +0.11 | 30YR GNMA 3.0 | 101.91 | +0.09 | 30YR GNMA 3.5 | 104.27 | +0.05 | 15YR FNMA 3.0 | 103.19 | +0.05 | 15YR FNMA 2.5 | 101.38 | +0.08 |
2 YR | 1.3215% | -0.0079 | 5 YR | 1.7052% | -0.0350 | 10 YR | 2.1292% | -0.0297 | 30 YR | 2.7392% | -0.0169 | Prices as of: 8/29/2017 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 | |