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®, (NAR) said sales of pre-owned single-family houses, town houses, condominiums, and cooperative apartments rose to a seasonally adjusted annual rate of 5.99 million units in July, a 2.0 percent increase from the June rate of 5.87 million and 1.5 percent higher than the pace in July 2020. Sales of single-family homes rose 2.7 percent month-over-month to a seasonally adjusted annual rate of 5.28 million but were 0.8 percent lower than a year earlier. Condo and co-op sales fell, from a 730,000 rate in June to 710,000 in July, a decline of 2.7 percent. Those sales, however, were 22.4 percent higher year-over-year. The

August 23, 2021 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.25% -0.04%   6.11% 7.26% 15 Yr. Fixed 5.71% -0.01%   5.54% 6.59% 30 Yr. Jumbo 6.25% +0.00%   6.25% 7.45% Compare Mortgage Rates from Local Lenders for Aug 23, 2021 Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.25% -0.04 0.00 15 Yr. Fixed 5.71% -0.01 0.00 30 Yr. FHA 5.99% -0.01 0.00 30 Yr. Jumbo 6.25% 0.00 0.00 7/6 SOFR ARM 5.64% -0.01 0.00 30 Yr. VA 6.01% 0.00 0.00 Updates Daily - Last Update: 9/15 Freddie Mac Rate Change Points 30 Yr. Fixed 6.35% -0.15 0.00 15 Yr. Fixed 5.50% -0.10 0.00 Updates Weekly - Last Update: 9/11 Mortgage Bankers Assoc. 30 Yr. Fixed 6.49% -0.15 0.56 15 Yr. Fixed 5.70% -0.14 0.55 30 Yr. Jumbo 6.44% -0.14 0.48 Updates Weekly - Last Update: 9/10 UMBS 30YR 5.5 101.30 +0.17   97.47 101.61 UMBS 30YR 6.0 102.45 +0.06   99.66 102.50 10 YR Treasury 4.037 -0.030   3.621 4.780 MBS Price Change UMBS 5.0 99.91 +0.28 UMBS 5.5 101.29 +0.17 UMBS 6.0 102.45 +0.06 GNMA 5.0 100.25 +0.25 GNMA 5.5 101.26 +0.12 GNMA 6.0 101.98 -0.02 Pricing as of: 9/15 6:00PM EST US Treasury Yield Change 2 YR Treasury 3.539 -0.014 5 YR Treasury 3.607 -0.024 7 YR Treasury 3.790 -0.025 10 YR Treasury 4.039 -0.027 30 YR Treasury 4.661 -0.021 Pricing as of: 9/15 6:00PM EST Other News Existing Home Sales Back on the Rise as Inventories Improve Mon, Aug 23, 2021 2:11PM 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®, (NAR) said sales of pre-owned single-family houses, town houses, condominiums, and cooperative apartments rose to a seasonally adjusted annual rate of 5.99 million units in July... (read more) Fannie Mae Says COVID-19 Surge Won't Impact Growth. Probably. Fri, Aug 20, 2021 1:42PM Fannie Mae's economists provided a mixed forecast this month. The baseline view of the company's Economic and Strategic Research (ESR) group is for the recent virus surge to drag modestly on consumers' services consumption in the near term and modestly worsen supply chain disruptions abroad, but they don't think it will prevent solid growth in the current qu... (read more) Ops, MLO jobs; Whole Loan Sales, Jumbo, QC, Home Buying Education Products; Freddie and Fannie Changes Mon, Aug 23, 2021 10:49AM Fires in California, floods in Tennessee, hurricanes in New York, COVID hospitalizations seemingly everywhere written up by the press. The “fun” never ends. Here in Orange County, at the California MBA’s Western Secondary, the talk in the hallways is focused not so much on huge shifts, because it looks like Freddie, Fannie, FHA, and other p... (read more) Latest Video The 2pm Bond Report - August 23, 2021 Existing home sales climb 2% in July, beating expectations Markit manufacturing PMI comes in at 61.2 vs. 63.1 estimate The 9am Bond Report - August 23, 2021 Around the Web Calculated Risk Blog Comments on July Existing Home Sales Calculated Risk Blog Housing Inventory August 23rd Update: Inventory Increased Week-over-week, Up 41% from Low in early April Zillow July Existing Home Sales: Signs of Balance CNBC Home sales rose for the second straight month in July, as demand outpaced slightly stronger supply Calculated Risk Blog Seven High Frequency Indicators for the Economy CNBC Treasury yields start the week higher with key Fed policy event in focus Calculated Risk Blog California July Housing: Sales down 2% YoY, "Home sales and prices curb in July" Calculated Risk Blog August 20th COVID-19: Cases May be Peaking Reuters U.S. appeals court panel rejects latest bid to halt CDC eviction moratorium CNBC Fed officials will seek to avoid a tantrum as they keep 'taper talk' going at Jackson Hole CNBC Concrete and cement industries brace for demand boom from $1 trillion infrastructure plan Fannie Mae Manufacturing Output Recovers to Pre-Pandemic Levels as Housing Starts, Retail Sales Slide Calculated Risk Blog Q3 GDP Forecasts: Downward Revisions

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.