Election Pushes Rates to New 5-Month Highs; 5 States Have a Third of All Foreclosures

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30 Year Fixed

                                                                3.62%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                2.92%
                                                                  
                                                                +0.02

10YR Treasury

                                                                1.86%
                                                                  
                                                                +0.0322

FNMA 30YR 3.5

                                                                104.91
                                                                  
                                                                -0.13

FNMA 15YR 2.5

                                                                104.69
                                                                  
                                                                -0.06

View Today's Rates

Tuesday November 8, 2016

Mortgage Rate Watch - 3:46PM

Election Pushes Rates to New 5-Month Highs

Mortgage Rates rose today as early presidential polls showed Clinton leading in several battleground states. At least when it comes to the most immediate future, rates have done better ...

MND NewsWire - 10:02AM

Five States Still Account For One Third of All Foreclosures

The foreclosure inventory was down nearly one-third in September when compared to a year earlier although the pace of completed foreclosures remained relatively steady. According to ...

Pipeline Press - 9:53AM

Changes in Credit and its Impact on First-Time Home Buyers; Vendor News

“It ain’t rocket surgery.” Trulia has a good piece out on the advantages of buying versus renting . Buying a home is 37% cheaper than renting nationally. Naturally ...

MBS Commentary - 9:22AM

MBS Day Ahead: Bonds Ready to Recommit Depending on Election

This week's absence of relevant economic data seems to be by design. Markets may have chosen to focus on the election even if there had been important data, but this way, we don't have ...

Latest Video

Futures Now, November 8, 2016

Cashin: Looks like it's going to be a pretty hefty turnout

Markets cautious on Election Day

More News from 'Around the Web'

CNBC - 3:12PM
The biggest Election Day for day traders it's tomorrow
Calculated Risk Blog - 3:10PM
Las Vegas Real Estate in October: Sales up 5.5% YoY, Inventory down Sharply
CNBC - 12:54PM
'This saga may not end tomorrow': How a contested election may spell more pain for markets
eyeonhousing.org - 11:36AM
Construction Job Openings Continue to Rise
CNBC - 10:36AM
Number of job openings littled changed in September at 5.5 million
Reuters - 10:11AM
Fed's Evans says not yet confident U.S. inflation headed higher
Bloomberg - 10:10AM
What Happens When Wall Street Pulls Back From Bond Markets
www.npr.org - 8:12AM
Supreme Court Revisits 2008's Housing Collapse With Banking Test Cases
www.corelogic.com - 8:12AM
CoreLogic Reports 36,000 Completed Foreclosures in September 2016
CNBC - 8:12AM
US Treasurys edge higher as Election Day arrives

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.62%

+0.03

15 Yr FRM

2.92%

+0.02

FHA 30 Year Fixed

3.40%

+0.00

Jumbo 30 Year Fixed

3.78%

+0.03

5/1 Yr ARM

2.92%

+0.02

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

3.54%

0.50

+0.07

15 Yr. Fixed

2.84%

0.50

+0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.87%

0.40

+0.03

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

102.80

-0.16

30YR FNMA 3.5

104.91

-0.13

30YR GNMA 3.0

103.97

-0.13

30YR GNMA 3.5

105.98

-0.08

15YR FNMA 3.0

104.69

-0.06

15YR FNMA 2.5

102.86

-0.11

Treasuries

Yield

Change

2 YR

0.8539%

+0.0361

5 YR

1.3281%

+0.0407

10 YR

1.8583%

+0.0322

30 YR

2.6188%

+0.0183

Prices as of: 11/8/2016 4:31PM 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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