Case of Disappearing Equity; Rate Rally May Be Pausing; 2nd Homes Aren't Just Getaways

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30 Year Fixed

                                                                4.70%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                4.23%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.86%
                                                                  
                                                                +0.0053

FNMA 30YR 3.5

                                                                98.97
                                                                  
                                                                +0.09

FNMA 15YR 2.5

                                                                99.20
                                                                  
                                                                -0.03

View Today's Rates

Monday December 10, 2018

MND NewsWire - 12:25PM

Black Knight and the Case of the Disappearing Equity

We know that home price growth is slowing , and cash-out refinancing has been coming back, still it is a bit of a stunner to find that homeowner equity actually declined in the third ...

Mortgage Rate Watch - 4:57PM

Mortgage Rate Rally May Be Pausing

First things first: the average mortgage lender improved modestly today, compared to last Friday's levels. This leaves mortgage rates at their lowest levels in several months. That ...

MND NewsWire - 11:14AM

NAHB Says Second Homes Aren't Just Vacation Destinations

The stereotype of a second home usually involves a tropical beach, a boat dock on a lake, or skiers whizzing past a picture window, but the National Association of Home Builders (NAHB ...

MND NewsWire - 1:23PM

A Gift From Fannie/Freddie - Evictions Suspended for the Holidays

Both Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday season. The moratorium will begin ...

Latest Video

Santelli Exchange: Recession risk

Uncertainty in the market will likely lead to gradual rate hikes, Steve Liesman explains

Nadji: 5 reasons to feel good about real estate

More News from 'Around the Web'

www.consumerfinancemonitor.com - 4:58PM
CFPB Releases Beta Version of 2018 HMDA Data Platform
Reuters - 4:29PM
Fed seen slowing, or even stopping, rate hikes next year
Reuters - 3:49PM
Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell
CNBC - 3:25PM
Morgan Stanley sees growing risk of 'earnings recession' next year as yield curve inverts
Calculated Risk Blog - 2:46PM
AAR: November Rail Carloads Down 0.2% YoY, Intermodal Up 2.5% YoY
Bloomberg - 2:24PM
U.K. Bond Yield Curve on âFire' After May Delays Brexit Vote
Bloomberg - 12:59PM
Goldman Says Chance of Fed Rate-Hike in March Now Below 50%
Market Watch - 11:54AM
White House may nominate Mark Calabria, economist to Pence, as Fannie-Freddie regulator
Bloomberg - 11:47AM
EU Commission Says It Won't Re-Negotiate Brexit
CNBC - 10:57AM
Small-business optimism dips over fears of an economic slowdown: Survey
Calculated Risk Blog - 10:26AM
BLS: Job Openings increase to 7.1 Million in October
CNBC - 9:26AM
Tudor Jones predicts Fed will not hike rates in 2019 after raise in December
CNBC - 8:38AM
Goldman Sachs reduces its outlook for Fed rate hikes but thinks the market is still wrong
Bloomberg - 8:00AM
Treasuries Rally Must Clear $78 Billion Hurdle, Inflation Report
CNBC - 7:59AM
Peer-to-peer lender Zopa to seek more funding in 2019 as it opens its own bank

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.70%

-0.01

15 Yr FRM

4.23%

+0.00

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.40%

+0.00

5/1 Yr ARM

4.67%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

4.15%

1.16

-0.02

30 Yr. Fixed

4.78%

1.15

+0.01

MBA **

30 Yr. Fixed

4.96%

0.49

-0.01

15 Yr. Fixed

4.39%

0.50

+0.01

30 Yr. Jumbo

4.93%

0.31

+0.01

30 Yr. FHA

4.95%

0.80

+0.01

5/1 ARM

4.24%

0.48

+0.02

Freddie Mac **

30 Yr. Fixed

4.75%

0.50

-0.06

15 Yr. Fixed

4.21%

0.40

-0.04

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

4.07%

0.30

-0.05

Current Mortgage Rates »

* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.

Secondary Markets

MBS

Price

Change

30YR FNMA 3.0

96.39

+0.36

30YR FNMA 3.5

98.97

+0.09

30YR GNMA 3.0

97.41

+0.31

30YR GNMA 3.5

99.73

0.00

15YR FNMA 3.0

99.20

-0.03

15YR FNMA 2.5

96.94

-0.11

Treasuries

Yield

Change

2 YR

2.7333%

+0.0143

5 YR

2.7176%

+0.0167

10 YR

2.8629%

+0.0053

30 YR

3.1324%

-0.0150

Prices as of: 12/10/2018 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

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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