Rates Snap Lower Despite Decent Jobs Report; FHA Increases Loan Limits

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

                                                                4.13%
                                                                  
                                                                -0.11

15 Year Fixed

                                                                3.34%
                                                                  
                                                                -0.11

10YR Treasury

                                                                2.39%
                                                                  
                                                                -0.0523

FNMA 30YR 3.5

                                                                102.58
                                                                  
                                                                +0.23

FNMA 15YR 2.5

                                                                102.80
                                                                  
                                                                +0.17

View Today's Rates

Friday December 2, 2016

Mortgage Rate Watch - 4:19PM

Mortgage Rates Bounce Lower Despite Jobs Report

Mortgage rates erased yesterday's losses after today's jobs report, though not necessarily because of it. The Employment Situation (affectionately referred to as "the jobs") is traditionally ...

MND NewsWire - 9:27AM

FHA Loan Limits Increased

The Federal Housing Administration (FHA) has now joined the Federal Housing Finance Agency in raising the dollar limits for loans that qualify for FHA guarantees. Last week FHFA raised ...

Pipeline Press - 9:24AM

Agency's Future up For Grabs; Loan Amount Changes - FHA's 2017 Levels

Plenty of people are on the roads in December, traveling for the holidays. Ever curious about the basic differences between a road, a street, a boulevard, etc.? Well, here is a short ...

MBS Commentary - 8:12AM

MBS Day Ahead: Can NFP Help Bond Buyers Catch The Falling Knife?

Have you heard the one about the falling knife? And how no one wants to catch it? That's one of the market's favorite analogies for the fear experienced by potential buyers of an asset ...

Latest Video

Interest rates are going to go up: Goldman's Hatzius

November jobs report to convince the Fed?

Nonfarm payrolls up 178K in November

More News from 'Around the Web'

CNBC - 4:47PM
The regulatory system 'needs to be debugged,' Blackstone co-founder Schwarzman says
Calculated Risk Blog - 4:47PM
Zillow Forecast: Expect Case-Shiller Index to "continue to accelerate" in October
Reuters - 3:49PM
Fed's Tarullo warns against 'backsliding' on bank regulations
Market Watch - 3:48PM
Gundlach's DoubleLine sees worst outflows since 2014 'taper tantrum'
www.realtor.com - 3:48PM
Homeowners Hit the Jackpot
Reuters - 3:48PM
Trump's dilemma: slower job growth or rising rates and inflation?
Bloomberg - 12:06PM
El-Erian: Trump's Carrier Move Not a Scalable Policy - Bloomberg Video
eyeonhousing.org - 12:03PM
Serious Delinquency Rates Improve Across Most Household Debts
Market Watch - 12:02PM
The real driver behind the dollar breakout
HUD - 9:32AM
Mortgagee Letter 2016-20
CNBC - 9:06AM
The Labor Department says unemployment is at 4.6% but here's the bigger picture
CNBC - 9:05AM
Jobless rate slides to 4.6% on solid November
Reuters - 8:21AM
Investors may look to ECB for comfort after high-risk votes
Bloomberg - 8:12AM
Europe's QE Starting Point Faces Risk as ECB Talk Turns to Taper
CNBC - 8:12AM
Bond investors eye jobs report
Reuters - 8:12AM
$4.1 billion pulled from U.S.-based taxable mutual bond funds during week: Lipper

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.13%

-0.11

15 Yr FRM

3.34%

-0.11

FHA 30 Year Fixed

3.85%

-0.10

Jumbo 30 Year Fixed

4.20%

-0.05

5/1 Yr ARM

3.03%

-0.04

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

4.08%

0.50

+0.14

15 Yr. Fixed

3.34%

0.50

+0.20

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.15%

0.40

+0.08

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

99.44

+0.31

30YR FNMA 3.5

102.58

+0.23

30YR GNMA 3.0

101.15

+0.26

30YR GNMA 3.5

104.23

+0.28

15YR FNMA 3.0

102.80

+0.17

15YR FNMA 2.5

100.22

+0.16

Treasuries

Yield

Change

2 YR

1.1076%

-0.0434

5 YR

1.8340%

-0.0659

10 YR

2.3940%

-0.0523

30 YR

3.0697%

-0.0363

Prices as of: 12/2/2016 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.

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