| Wednesday May 12, 2021 Mortgage Rate Watch - 4:35PM Mortgage Rates Moving Higher After Inflation Data After bottoming out at 2 month lows late last week, mortgage rates have been heading higher. At first, the move was relatively gradual, but the pace increased today after a key report ... MBS Commentary - 4:20PM MBS RECAP: Inflation Data Throws Down Gauntlet. Markets Panic Inflation Data Throws Down Gauntlet. Markets Panic It's easy enough to imagine or even expect that near-term inflation spikes are transitory and that it will be a tall order to sustain ... MND NewsWire - 10:35AM Mortgage Application Volume Revs Up For The First Time Since April Mortgage application volume rose for the first time since mid-April last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased ... MND NewsWire - 8:07AM Even "Off-Radar" Metros Saw Huge Q1 Price Gains Metro area home prices rose sharply in the first quarter of 2021 and virtually every part of the country was impacted. The National Association of Realtors® (NAR) said that 99 percent ... MBS Day Ahead: Bonds Reeling From Inflation Data and Waiting on 10yr Auction MLO, AE Jobs; Lead Gen, Turn Time, Jumbo Products; Guild/RMS Deal Conventional Loan Access Expanded in April Latest Video More News from 'Around the Web' Reuters - 4:29PM Republicans tell Biden tax hikes are a 'red line' in recovery plan Calculated Risk Blog - 2:59PM Colorado Real Estate in April: Sales Up 41% YoY, Inventory Down 66% YoY Calculated Risk Blog - 2:59PM Houston Real Estate in April: Sales Up 58% YoY, Inventory Down 43% YoY Reuters - 12:21PM Jobs, inflation data surprises not changing Fed plans, Clarida says CNBC - 12:20PM Investors are worried about inflation data, but economists see it as a sign of temporary growth Calculated Risk Blog - 12:20PM NY Fed Q1 Report: Total Household Debt Increased in Q1 2021, Mortgage Origination Credit Scores Edged Up NY Fed - 11:26AM New York Fed purchases $1.735 billion in Treasury coupons Reuters - 11:26AM Inflation fears spook US stocks, Treasury yields jump Calculated Risk Blog - 10:06AM South Carolina Real Estate in April: Sales Up 41% YoY, Inventory Down 56% YoY Federal Reserve - 9:24AM Brainard, Patience and Progress as the Economy Reopens and Recovers Calculated Risk Blog - 8:40AM BLS: CPI increased 0.8% in April, Core CPI increased 0.9% Reuters - 8:02AM Inflation woes push U.S. stocks to 1-month low, USD struggle | Today's Rates Average Mortgage Rates | 30 Yr. Fixed | 3.17% | 0.30 | -0.03 | | 15 Yr. Fixed | 2.55% | 0.30 | -0.10 | | 30 Yr. Jumbo | 3.28% | 0.30 | -0.06 | | 30 Yr. FHA | 3.12% | 0.24 | -0.03 | | 5/1 ARM | 2.59% | 0.47 | -0.08 |
| 30 Yr. Fixed | 2.96% | 0.60 | -0.02 | | 15 Yr. Fixed | 2.30% | 0.60 | -0.01 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 2.70% | 0.30 | +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 UMBS 2.0 | 100.39 | -0.48 | | 30YR UMBS 2.5 | 103.17 | -0.39 | | 30YR GNMA 2.0 | 101.20 | -0.48 | | 30YR GNMA 2.5 | 102.88 | -0.38 | | 15YR UMBS 2.0 | 103.05 | -0.19 | | 15YR UMBS 2.5 | 104.23 | -0.19 |
| 2 YR | 0.1668% | +0.0060 | | 5 YR | 0.8644% | +0.0630 | | 10 YR | 1.6934% | +0.0717 | | 30 YR | 2.4145% | +0.0632 | | Prices as of: 5/12/2021 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:
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