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Market Snapshot
Daily Mortgage Rate Survey
  • 30YR
  • 15YR
  • FHA30YR
  • Jumbo30YR
  • 5/1ARM
Rates as of: 8/23/16
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Recently Released Data
Report Date Value Change
NAHB Builder Confidence May'16 58.00 0%
Pending Home Sales Mar'16 110.5 1.38%
New Home Sales Mar'16 511,000 -1.54%
Existing Home Sales Mar'16 5,330,000 5.13%
Building Permits Mar'16 1,086,000 -7.73%
Housing Starts Mar'16 1,089,000 -8.79%
Mortgage Apps 5/11/16 490.5 0.43%
Refinance Index 5/11/16 1963.1 0.51%
Purchase Index 5/11/16 235.6 0.38%
We might have expected a bigger movement in the wake of the colossal improvement in New Home Sales (654k vs 582k previously, 580k forecast), but bonds barely budged. In fact, the first move following the data was into STRONGER territory for bonds. Treasuries eventually gave up some ground heading into...
Mortgage Rates were sharply sideways today, with almost every lender offering the exact same terms as yesterday. This is part of an ongoing phenomenon that's seen rates rise just slightly from near-all-time lows in early July only to hold an intensely narrow range for more than a month now. To be clear...
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