Mortgage Rates Unchanged After Mid-Day Changes

It was almost a mildly interesting day as rates started out slightly higher. To be fair, even that would not have been too interesting because the move was so small that most rate quotes would have been unaffected. Still, just to be sure to avoid any and all excitement, rates received a minor, friendly bump back to yesterday's levels in the afternoon. The improvement followed the bond market's favorable reaction to the release of the minutes from the most recent Fed meeting. Mortgage lenders tend to avoid making mid-day changes to rates unless the underlying bond market moves by a certain amount. Because today's intraday bond market movement was on the small side, only a handful of lenders changed their rates, but it was enough for the average 30yr fixed rate to drop 0.01%--the smallest increment we measure.

February 19, 2025 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Unchanged After Mid-Day Changes It was almost a mildly interesting day as rates started out slightly higher. To be fair, even that would not have been too interesting because the move was so small that most rate quotes would have been unaffected. Still, just to be sure... (read more) MBS Commentary Stabilizing After Early Weakness; Do Fed Minutes Matter? Bonds extended yesterday's selling streak in the overnight session, but not in an alarming or serious way. Momentum reversed at 9am without any clear catalyst apart from the technical ceiling at 4.57% in 10yr yields. Yields have dropped a few b... (read more) Rob Chrisman Non-Agency, HELOC, Pre-Qual, CRM Products; In-Person Events; Applications Fall So, you drive across town to a gym to walk on a treadmill? There are always interesting and strange things going on out there. Huh? The Florida’s governor wants to eliminate property tax? Yes, the state currently runs a budget surplus, but with no in... (read more) Mortgage Rates 30 Yr. Fixed Rate 7.02% +0.00% Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.02% 0.00 0.00 15 Yr. Fixed 6.44% -0.02 0.00 30 Yr. FHA 6.39% +0.01 0.00 30 Yr. Jumbo 7.35% -0.01 0.00 7/6 SOFR ARM 6.94% +0.01 0.00 30 Yr. VA 6.41% +0.01 0.00 Updates Daily - Last Update: 2/19 15 Yr. Fixed Rate 6.44% -0.02% Rate Change Points Freddie Mac 30 Yr. Fixed 6.87% -0.02 0.00 15 Yr. Fixed 6.09% +0.04 0.00 Updates Weekly - Last Update: 2/13 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.93% -0.02 0.66 15 Yr. Fixed 6.31% -0.04 0.70 30 Yr. Jumbo 7.03% +0.07 0.53 Updates Weekly - Last Update: 2/19 MBS / Treasuries UMBS 30YR 5.5 98.94 +0.17 Price / Yield Change MBS UMBS 5.5 98.94 +0.17 UMBS 6.0 100.83 +0.13 GNMA 5.5 99.40 +0.26 GNMA 6.0 100.85 +0.23 Pricing as of: 2/19 5:31PM EST 10 Year US Treasury 4.5317 -0.0206 Price / Yield Change US Treasury 2 YR Treasury 4.268 -0.038 5 YR Treasury 4.363 -0.041 7 YR Treasury 4.452 -0.025 10 YR Treasury 4.532 -0.021 30 YR Treasury 4.766 -0.009 Pricing as of: 2/19 5:31PM EST Latest Video At least 20% of U.S. homes will be de-valued due to climate change, says De... Wells Fargo's Vikram Rai on the privatization of Fannie Mae and Freddie Mac Fed: Trade and immigration cited as "having the potential to hinder disinfl... JLL CEO Christian Ulbrich: We're at the beginning of recovery cycle for com... Around the Web CNBC Here's what happens if Fannie Mae and Freddie Mac go private CNBC Fed officials are worried about tariffs' impact on inflation and see rate cuts on hold, minutes show CNBC Weekly mortgage demand drops 6%, as homebuyers remain 'on the fence' Calculated Risk Blog Housing Starts Decreased to 1.366 million Annual Rate in January Forex Live US February Empire Fed 5.7 vs -1.0 expected Calculated Risk Blog The "Neutral" Rate and Implications for 30-year Mortgage Rates Calculated Risk Blog FOMC Minutes: Concern about tariffs, "take time" on any additional Rate Cuts CNBC Treasury yields rise as investors await FOMC meeting minutes, housing data CNBC U.S. Treasury yields tick higher as investors await more clues on U.S. economy Eye on Housing Construction Self-Employment Stable at 23% Seeking Alpha Fed's Daly says monetary policy should stay restrictive until inflation progress 'really' shows Calculated Risk Blog Q1 GDP Tracking: Low 2% Range Calculated Risk Blog MBA Survey: Share of Mortgage Loans in Forbearance Decreases to 0.40% in January

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