Mortgage Rates Begin April Near 2-Month Lows; Construction Spending Stalls

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30 Year Fixed

                                                                4.49%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.87%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.73%
                                                                  
                                                                -0.0073

FNMA 30YR 3.5

                                                                100.19
                                                                  
                                                                +0.08

FNMA 15YR 2.5

                                                                99.86
                                                                  
                                                                +0.05

View Today's Rates

Monday April 2, 2018

Mortgage Rate Watch - 5:02PM

Mortgage Rates Begin April Near 2-Month Lows

Mortgage rates moved lower today as underlying bond markets generally followed a much bigger move in stocks. It's a common misconception that stocks and bond yields ("rates," for all ...

MND NewsWire - 11:48AM

Construction Spending Stalled for Second Month

Construction spending continued to have a hard time getting out of the 2018 starting blocks in February. Overall spending from both the public and private sectors did manage a tiny ...

MBS Commentary - 9:20AM

MBS Day Ahead: Bonds Defend Recent Milestone Ahead of NFP

Last week saw a potentially significant development for bond markets with the break below key technical levels in 10yr yields and the yield curve. For 10's, the key level had been ...

Pipeline Press - 9:15AM

State Law Changes for Lenders; What You Should Know About the Economy and Rates

This year the usual Tax Day (April 15) falls on a Sunday, and the next day is Emancipation Day, a legal holiday in D.C. That means you have until midnight on April 17 to file. There’s ...

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Santelli Exchange: Vulnerable rates

China announces new tariffs on 128 US products

More News from 'Around the Web'

www.npr.org - 3:51PM
U.S. Stocks Tumble Amid Nervousness Over Tech Sector, China Trade War
Reuters - 2:37PM
More U.S. real estate deals can go ahead without appraisal: regulators
www.bkfs.com - 2:37PM
Black Knight's Mortgage Monitor: Tappable Equity Sees Greatest Calendar-Year Rise on Record, Increasing $735 Billion in 2017; HELOC Market Share Poised to Rise
Bloomberg - 1:00PM
Trade Concern Seeps Into Canadian Consumer Confidence Numbers
American Bankers Assoc. - 10:57AM
ABA Farm Bank Report: Ag Lending up 6 Percent in 2017
CNBC - 10:07AM
ISM manufacturing index hits 59.3 in March; construction spending up 0.1% in February
eyeonhousing.org - 9:47AM
NAHB Releases New Home Building Employment Estimates by State
www.realtor.com - 8:31AM
Sky-High Prices Got You Down? Here Are the Top Middle-Class Housing Meccas
Bloomberg - 8:28AM
Rising Rates Sounding Alarm Bells for Debt-Laden US Consumers - Bloomberg

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.49%

-0.02

15 Yr FRM

3.87%

-0.02

FHA 30 Year Fixed

4.25%

-0.05

Jumbo 30 Year Fixed

4.52%

-0.02

5/1 Yr ARM

3.66%

+0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.65%

1.14

+0.09

30 Yr. Fixed

4.19%

1.21

+0.02

MBA **

30 Yr. Fixed

4.68%

0.46

-0.01

15 Yr. Fixed

4.12%

0.51

+0.05

30 Yr. Jumbo

4.55%

0.37

+0.00

30 Yr. FHA

4.69%

0.81

-0.04

5/1 ARM

3.83%

0.68

-0.10

Freddie Mac **

30 Yr. Fixed

4.44%

0.50

-0.01

15 Yr. Fixed

3.90%

0.50

-0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.66%

0.40

-0.02

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

97.52

+0.11

30YR FNMA 3.5

100.19

+0.08

30YR GNMA 3.0

98.44

-0.06

30YR GNMA 3.5

100.92

-0.19

15YR FNMA 3.0

99.86

+0.05

15YR FNMA 2.5

97.98

+0.06

Treasuries

Yield

Change

2 YR

2.2499%

-0.0202

5 YR

2.5503%

-0.0117

10 YR

2.7334%

-0.0073

30 YR

2.9666%

-0.0055

Prices as of: 4/2/2018 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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