New Home Sales Surge; Rates Change Course, Heading Higher; Application Volume Retreats

Archive: All Reports | Daily Rate Update | Daily Newsletter | Weekly Rate Update | Weekly Newsletter

View this Report in your Web Browser | Forward to a Friend | Subscribe

30 Year Fixed

                                                                3.75%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.39%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.74%
                                                                  
                                                                +0.0848

FNMA 30YR 3.5

                                                                102.30
                                                                  
                                                                -0.19

FNMA 15YR 2.5

                                                                101.97
                                                                  
                                                                -0.20

View Today's Rates

Wednesday September 25, 2019

MND NewsWire - 10:37AM

Strong Summer Finale for New Home Sales

New home sales in August reclaimed part of July's sharp loss. The Census Bureau and Department of Housing and Urban Development said sales nationwide of newly constructed single-family ...

Mortgage Rate Watch - 5:23PM

Mortgage Rates Change Course, Head Higher

Mortgage rates bounced higher today, after making it to the best levels in more than a week yesterday afternoon. Markets responded to a strong home sales report and political headlines ...

MBS Commentary - 9:29AM

MBS Day Ahead: Even if Bonds Can Continue Improving, How Much Will MBS Care?

In the day just passed, the bond market managed to improve at a fairly decent clip, but the gains were much easier to come by for Treasuries vs MBS. Part of that was a factor of the ...

MND NewsWire - 8:06AM

Mortgage Volume Retreats 10% Due to "Economic Uncertainty"

Although changes in mortgage rates were gradual and mixed during the week ended September 20, mortgage volume moved sharply lower. Refinancing was especially hard hit. The Mortgage ...

Latest Video

Why would a central bank want negative interest rates?

Alan Blinder: It's a mistake for the Fed to cut rates

August new home sales see 'blowout' numbers — 7.1% vs. 3.9% expected

More News from 'Around the Web'

Calculated Risk Blog - 4:48PM
Zillow Case-Shiller Forecast: Slower YoY Price Gains in August compared to July
CNBC - 3:17PM
The Fed will be growing its balance sheet again, but don't call it 'QE4'
www.consumerfinancemonitor.com - 3:16PM
CFPB Issues HMDA Guides
CNBC - 1:29PM
As new home sales soar, analyst says entry-level price is 'redefined' higher
Reuters - 11:33AM
Evans: Larger balance sheet may avoid future repo market problems
Bloomberg - 10:05AM
Former Fed Official Kocherlakota Signals Concern for Repo Market
CNBC - 9:20AM
Westpac sees the Fed cutting rates in October
Bloomberg - 8:02AM
U.S. States Won't Join Century Bond Club Even If They Want To

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.75%

+0.03

15 Yr FRM

3.39%

+0.02

FHA 30 Year Fixed

3.45%

+0.02

Jumbo 30 Year Fixed

3.76%

+0.02

5/1 Yr ARM

3.39%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.79%

1.21

-0.12

30 Yr. Fixed

4.39%

1.12

-0.22

MBA **

30 Yr. Fixed

4.12%

0.38

+0.08

15 Yr. Fixed

3.48%

0.32

+0.06

30 Yr. Jumbo

4.07%

0.21

+0.04

30 Yr. FHA

4.01%

0.28

+0.04

5/1 ARM

3.58%

0.27

+0.02

Freddie Mac **

30 Yr. Fixed

3.73%

0.50

+0.17

15 Yr. Fixed

3.21%

0.50

+0.12

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.49%

0.40

+0.13

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

101.13

-0.33

30YR FNMA 3.5

102.30

-0.19

30YR GNMA 3.0

102.28

-0.33

30YR GNMA 3.5

103.52

-0.23

15YR FNMA 3.0

101.97

-0.20

15YR FNMA 2.5

100.53

-0.23

Treasuries

Yield

Change

2 YR

1.6815%

+0.0538

5 YR

1.6091%

+0.0802

10 YR

1.7372%

+0.0848

30 YR

2.1877%

+0.0792

Prices as of: 9/25/2019 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.

View this Report in your Web Browser | Forward to a Friend | Subscribe

Share Newsletters via Email

Share via Twitter

Share via Facebook

Share via LinkedIn

Share via Google+

Download a Printable PDF

Link to this Daily Report

Embed Directly into your Website

Subscribe to RSS Feeds