No Major Data, No Major Movement It was a snoozer of a day for bonds with yields and MBS prices holding well inside last Friday's ranges for the entirety. An "inside day" isn't much of a surprise when the calendar is completely empty in terms of major economic data. In fact, it was devoid of all manner of economic data. That left only a few Fed speeches and as is the recent norm, Fed speakers are all saying the same things (thus, no surprises for bonds). At the 3pm close, both Treasuries and MBS were perfectly unchanged. Market Movement Recap09:59 AM Modestly weaker overnight but bouncing back to unchanged. MBS unchanged and 10yr up 0.3bps at 4.256. 11:12 AM Treasuries slightly weaker with 10yr up 1.1bps at 4.264. MBS up 1 tick (.03). 03:03 PM MBS and Treasuries both perfectly unchanged. 10yr at 4.253
| MBS Commentary | | No Major Data, No Major Movement | | No Major Data, No Major Movement It was a snoozer of a day for bonds with yields and MBS prices holding well inside last Friday's ranges for the entirety. An "inside day" isn't much of a surprise when t... (read more) |
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| 30 Yr. Fixed Rate | | 7.02% +0.01% |
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| Rate | Change | Points |
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| Mortgage News Daily | | 30 Yr. Fixed | 7.02% | +0.01 | 0.00 | | 15 Yr. Fixed | 6.43% | +0.01 | 0.00 | | 30 Yr. FHA | 6.50% | +0.01 | 0.00 | | 30 Yr. Jumbo | 7.25% | 0.00 | 0.00 | | 7/6 SOFR ARM | 7.03% | +0.02 | 0.00 | | 30 Yr. VA | 6.52% | +0.02 | 0.00 | | Updates Daily - Last Update: 6/24 |
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| 15 Yr. Fixed Rate | | 6.43% +0.01% |
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| Rate | Change | Points |
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| Freddie Mac | | 30 Yr. Fixed | 6.87% | -0.08 | 0.00 | | 15 Yr. Fixed | 6.13% | -0.04 | 0.00 | | Updates Weekly - Last Update: 6/20 |
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| Mortgage Bankers Assoc. | | 30 Yr. Fixed | 7.02% | -0.05 | 0.65 | | 15 Yr. Fixed | 6.60% | -0.15 | 0.55 | | 30 Yr. Jumbo | 7.18% | -0.03 | 0.54 | | Updates Weekly - Last Update: 6/12 |
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| Price / Yield | Change |
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| MBS | | UMBS 5.5 | 99.22 | +0.03 | | UMBS 6.0 | 100.68 | +0.01 | | GNMA 5.5 | 99.68 | +0.08 | | GNMA 6.0 | 100.67 | +0.05 | | Pricing as of: 6/24 5:31PM EST |
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| 10 Year US Treasury | | 4.2312 -0.0218 |
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| Price / Yield | Change |
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| US Treasury | | 2 YR Treasury | 4.720 | -0.014 | | 5 YR Treasury | 4.252 | -0.023 | | 7 YR Treasury | 4.231 | -0.026 | | 10 YR Treasury | 4.231 | -0.022 | | 30 YR Treasury | 4.365 | -0.032 | | Pricing as of: 6/24 5:31PM EST |
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