Existing Sales Hit 10yr High in October; Distressed Sales at 9yr Low; Rates Fight to Build Ceiling

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

                                                                4.10%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.33%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.32%
                                                                  
                                                                -0.0053

FNMA 30YR 3.5

                                                                102.86
                                                                  
                                                                +0.08

FNMA 15YR 2.5

                                                                103.04
                                                                  
                                                                -0.04

View Today's Rates

Tuesday November 22, 2016

Mortgage Rate Watch - 5:16PM

Mortgage Rates Continue Fighting to Build a Ceiling

Mortgage rates stayed mostly steady today, on average. For the record, that means some lenders were in slightly better shape versus yesterday's latest levels while others were in worse ...

MND NewsWire - 11:27AM

Existing Home Sales Hit 10-year High in October

October existing home sales added to September's rebound, rising to the highest annualized pace in nearly a decade . The National Association of Realtors® (NAR) said sales transactions ...

MND NewsWire - 3:06PM

Distressed Sales at Nine-Year Low

All-cash sales represented 31.1 of the total home sales recorded in August, according to a CoreLogic report on cash and distressed home sales. This was a decline of 1.5 percentage points ...

MBS Commentary - 9:48AM

MBS Day Ahead: Comparing Current Move to Past Instances of "Repricing"

Bond markets have quickly "repriced" their expectations for future inflation and growth based on the potential policy path of the Trump administration. Past examples of similar "reprices ...

Latest Video

Harris: Why do they want inflation?

Record highs for Dow, S&P 500 and Nasdaq

Existing home sales up 2.0% in October

More News from 'Around the Web'

CNBC - 3:03PM
The salary you need to afford rent in the 15 largest U.S. cities
CNBC - 2:53PM
Ending CFPB's 'Spanish Inquisition' of banks will boost mortgage market, expert says
www.realtor.com - 12:50PM
Home Prices Dip as Buyers and Sellers Head Into the Holidays
Reuters - 12:49PM
Trump says ex-rival Carson may lead U.S. housing department
Bloomberg - 11:09AM
Investors Have Hit the Pause Button on a Number of 'Trump Trades'
CNBC - 9:55AM
US stocks open higher, set new all-time highs
eyeonhousing.org - 9:55AM
New Multifamily Construction Dominated by Rental Production
Bloomberg - 8:16AM
Fed Hike Is Certainty for Bond Traders as Market Odds Reach 100%

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.10%

-0.02

15 Yr FRM

3.33%

-0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.23%

-0.02

5/1 Yr ARM

3.05%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.05%

1.21

-0.03

30 Yr. Fixed

3.74%

1.37

-0.06

MBA **

30 Yr. Fixed

3.66%

0.33

-0.04

15 Yr. Fixed

2.95%

0.38

-0.04

30 Yr. Jumbo

3.64%

0.28

-0.05

30 Yr. FHA

3.52%

0.21

-0.04

5/1 ARM

2.92%

0.40

-0.07

Freddie Mac **

30 Yr. Fixed

3.94%

0.50

+0.37

15 Yr. Fixed

3.14%

0.50

+0.26

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.07%

0.40

+0.19

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

99.83

+0.08

30YR FNMA 3.5

102.86

+0.08

30YR GNMA 3.0

101.45

+0.03

30YR GNMA 3.5

104.17

+0.05

15YR FNMA 3.0

103.04

-0.04

15YR FNMA 2.5

100.69

+0.02

Treasuries

Yield

Change

2 YR

1.0950%

+0.0185

5 YR

1.7778%

+0.0053

10 YR

2.3155%

-0.0053

30 YR

3.0020%

+0.0032

Prices as of: 11/22/2016 4:32PM 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