Builder Confidence Down Big; Mortgage Rates Little-Changed Despite Market Gains

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30 Year Fixed

                                                                4.72%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                4.27%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.86%
                                                                  
                                                                -0.0379

FNMA 30YR 3.5

                                                                98.95
                                                                  
                                                                +0.23

FNMA 15YR 2.5

                                                                99.05
                                                                  
                                                                0.00

View Today's Rates

Monday December 17, 2018

Mortgage Rate Watch - 4:55PM

Mortgage Rates Little-Changed Despite Market Gains

Mortgage rates were fairly flat yet again today. Unlike Friday, today's market movement made a case for a bit of a drop. "Market gains" mean different things when talking about bonds ...

MND NewsWire - 10:47AM

Builder Confidence: Lower Rates Helping With Affordability Concerns

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that the index remains in positive territory ...

MBS Commentary - 9:37AM

MBS Week Ahead: Fed Week Is Here. Let's Looks at Possibilities

More than anything else over the past 3 weeks, a shift in tone among Fed speakers has been at the heart of the year's best bond market rally. Seemingly overnight, the average Fed member ...

Latest Video

Expected interest rate hike Powell's first real test as chairman, says Steve Liesman

Homebuilder sentiment drops to lowest level since May 2015

Fed will probably have to hike to assert independence, says Steve Liesman

More News from 'Around the Web'

www.nytimes.com - 5:35PM
What Is a Recession, and Why Are People Talking About the Next One?
Reuters - 5:35PM
S&P 500 hits 14-month low on economic jitters ahead of Fed meeting
Calculated Risk Blog - 3:54PM
California Bay Area Home Sales Decline 17% YoY in November, Inventory up 27% YoY
CNBC - 2:08PM
Gundlach says passive investing has reached 'mania' status and will exacerbate market's problems
CNBC - 12:55PM
'Bond King' Jeffrey Gundlach says the Fed shouldn't raise interest rates this week
www.consumerfinancemonitor.com - 11:44AM
Democratic House members urge Kraninger to resume MLA exams
Calculated Risk Blog - 10:17AM
NAHB: Builder Confidence Declines in December
CNBC - 9:45AM
Stanley Druckenmiller says Fed must pause because the economy can 'ill afford a major policy error'
Calculated Risk Blog - 8:50AM
From the NY Fed: Manufacturing "Business activity grew at a slower pace than in recent months in New York State"
CNBC - 8:35AM
This map shows how much it costs to own a home in every US state
CNBC - 8:08AM
Treasury yields slightly lower amid lingering growth slowdown fears; Fed meeting in focus
Bloomberg - 8:04AM
ECB Ends Historic Stimulus Push in Bet Economic Growth to Endure
Bloomberg - 8:03AM
Bond Traders Ponder Next Inversion as Fed Dots Take Center Stage

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.72%

+0.00

15 Yr FRM

4.27%

-0.01

FHA 30 Year Fixed

4.25%

+0.00

Jumbo 30 Year Fixed

4.46%

+0.00

5/1 Yr ARM

4.68%

-0.02

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

4.63%

0.50

-0.12

15 Yr. Fixed

4.07%

0.50

-0.14

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

4.04%

0.30

-0.03

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

96.34

+0.38

30YR FNMA 3.5

98.95

+0.23

30YR GNMA 3.0

97.48

+0.11

30YR GNMA 3.5

99.83

+0.14

15YR FNMA 3.0

99.05

0.00

15YR FNMA 2.5

96.94

+0.09

Treasuries

Yield

Change

2 YR

2.6957%

-0.0415

5 YR

2.6916%

-0.0424

10 YR

2.8570%

-0.0379

30 YR

3.1135%

-0.0361

Prices as of: 12/17/2018 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:
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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