Existing Home Sales Back on the Rise as Inventories Improve; Rates Recover After Starting Higher

You must sign up for an account with Mortgage News Daily to Enable Co-branding.

Email to Clients or Colleagues

You can email any report to a client or colleague by clicking this 'Email' link.

As a registered user the email you share will be personalized with the business information from your profile. When a user clicks any link in the shared email they will be taken to MND where all ads are removed and replaced with your profile information.

This co-branding (with NO COMPETITOR ADS) feature is part of our suite of free tools offered to registered users.

Keep Your Social Media Followers Informed

You can also share any report with your followers on social media sites sites such as Facebook, Twitter, LinkedIn, etc.

The post we build will include a Title, brief summary and a personalized link that, when clicked, will bring the user to MND and display your information rather than advertisements.

We call this co-branded Social Networking and this feature is part of our suite of free tools offered to registered users.

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

                                  2.94%
                                    
                                  +0.01

15 Year Fixed

                                  2.38%
                                    
                                  +0.00

10YR Treasury

                                  1.25%
                                    
                                  -0.0017

View Today's Rates

Monday August 23, 2021

MND NewsWire - 2:11PM

Existing Home Sales Back on the Rise as Inventories Improve

Existing homes sales posted the second consecutive increase in July after breaking out of a slump in June that had endured for four months. The National Association of Realtors® ...

Mortgage Rate Watch - 4:49PM

Mortgage Rates Start Higher, But Improve in The Afternoon

Mortgage rates are only adjusted once per day by default. From there, the underlying bond market would need to improve or deteriorate by a certain amount for the average lender to go ...

MBS Commentary - 11:36AM

MBS Week Ahead: What is Jackson Hole (And What it Isn't)

The Fed's annual Jackson Hole symposium has often served as a venue for the Fed Chair to offer a sneak preview of impending policy changes or simply to provide a more candid assessment ...

Latest Video

Existing home sales climb 2% in July, beating expectations

Fed's Jackson Hole meeting goes virtual amid delta variant worries

The 9am Bond Report - August 23, 2021

More News from 'Around the Web'

Calculated Risk Blog - 4:30PM
Housing Inventory August 23rd Update: Inventory Increased Week-over-week, Up 41% from Low in early April
www.zillow.com - 11:55AM
July Existing Home Sales: Signs of Balance
CNBC - 10:12AM
Home sales rose for the second straight month in July, as demand outpaced slightly stronger supply
CNBC - 8:08AM
Treasury yields start the week higher with key Fed policy event in focus

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

2.94%

+0.01

15 Yr FRM

2.38%

+0.00

FHA 30 Year Fixed

2.67%

+0.01

Jumbo 30 Year Fixed

3.10%

-0.01

5/1 Yr ARM

2.53%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

MBA **

30 Yr. Fixed

2.99%

0.30

+0.02

15 Yr. Fixed

2.35%

0.25

+0.02

30 Yr. Jumbo

3.15%

0.29

+0.03

30 Yr. FHA

3.06%

0.27

-0.02

5/1 ARM

2.52%

0.15

-0.41

Freddie Mac **

30 Yr. Fixed

2.86%

0.70

-0.01

15 Yr. Fixed

2.16%

0.60

+0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.43%

0.30

-0.01

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 UMBS 2.0

101.42

+0.17

30YR UMBS 2.5

103.86

+0.20

30YR GNMA 2.0

101.92

-0.03

30YR GNMA 2.5

103.38

+0.09

15YR UMBS 2.0

103.48

+0.08

15YR UMBS 2.5

104.72

+0.05

Treasuries

Yield

Change

2 YR

0.2262%

+0.0001

5 YR

0.7705%

-0.0129

10 YR

1.2533%

-0.0017

30 YR

1.8742%

+0.0034

Prices as of: 8/23/2021 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.

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