Existing Home Inventory Hits Record Low; Mortgage Rates Higher as Volatility Continues

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30 Year Fixed

                                                                4.23%
                                                                  
                                                                +0.07

15 Year Fixed

                                                                3.43%
                                                                  
                                                                +0.06

10YR Treasury

                                                                2.46%
                                                                  
                                                                +0.0553

FNMA 30YR 3.5

                                                                102.06
                                                                  
                                                                -0.30

FNMA 15YR 2.5

                                                                102.47
                                                                  
                                                                -0.24

View Today's Rates

Tuesday January 24, 2017

Mortgage Rate Watch - 3:56PM

Mortgage Rates Higher as Volatility Continues

Mortgage rates have been volatile recently, with 3 out of the past 5 business days seeing much-bigger-than-average moves. After improving nicely yesterday, rates rose quickly today ...

MND NewsWire - 11:15AM

Existing Home Inventory Hits Record Low

Existing home sales finished out 2016 with a generally expected decline. Still, the National Association of Realtors® (NAR) said today that 2016 overall was the best year for existing ...

Pipeline Press - 9:43AM

Bad News for Wells, HomeStreet, Banc of California, Citi, and Others; CFPB Advisory Spots Open

Depository banks know that, per the AARP, more than 67% of US assets are controlled by individuals age 50+, with this group representing more than 67% of all bank deposits. If you don’t ...

MBS Commentary - 9:10AM

MBS Day Ahead: Bonds Feeling Out Expanded Range Amid Limited Data

Today's only significant economic data hits at 10am ET with Existing Home Sales (5.52 mln forecast vs 5.61 mln previously). Given the bigger decline in the most recent Pending Home ...

Latest Video

Nasdaq hits all-time high

Existing home sales down 2.8% (Dec.)

Here's what a 3% economy looks like...

More News from 'Around the Web'

Calculated Risk Blog - 2:35PM
BLS: Unemployment Rates Lower in 10 states, Stable in 39 states in December
Reuters - 2:35PM
ECB should soon start discussing exit from stimulus: Lautenschlaeger
CNBC - 1:12PM
Homebuilders ETF on course for best day in 8 months after earnings, data
CNBC - 11:55AM
Why the supply of homes for sale is the lowest since 1999
CNBC - 10:19AM
Six credit score myths debunked
Reuters - 10:19AM
U.S. deficit to shrink to $559 billion in fiscal year 2017: CBO
www.gallup.com - 9:34AM
US Economic Confidence Index at Post-Recession High
Market Watch - 9:33AM
Blackstone wins Fannie's backing for rental homes
www.builderonline.com - 9:33AM
Quicken Loans, the New Mortgage Machine
Reuters - 8:19AM
Deutsche Bank fails to end BlackRock, Pimco mortgage debt lawsuit
Bloomberg - 8:18AM
Wells Fargo Levied Fees on Mortgages It Delayed, ProPublica Says

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.23%

+0.07

15 Yr FRM

3.43%

+0.06

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.29%

+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

3.06%

1.30

+0.03

30 Yr. Fixed

3.76%

1.38

+0.03

MBA **

30 Yr. Fixed

4.41%

0.38

+0.13

15 Yr. Fixed

3.64%

0.34

+0.12

30 Yr. Jumbo

4.36%

0.26

+0.07

30 Yr. FHA

4.15%

0.29

+0.13

5/1 ARM

3.45%

0.26

+0.17

Freddie Mac **

30 Yr. Fixed

4.09%

0.50

-0.03

15 Yr. Fixed

3.34%

0.50

-0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.21%

0.40

-0.02

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

98.83

-0.39

30YR FNMA 3.5

102.06

-0.30

30YR GNMA 3.0

100.63

-0.34

30YR GNMA 3.5

103.38

-0.34

15YR FNMA 3.0

102.47

-0.24

15YR FNMA 2.5

99.94

-0.30

Treasuries

Yield

Change

2 YR

1.1965%

+0.0449

5 YR

1.9331%

+0.0631

10 YR

2.4634%

+0.0553

30 YR

3.0480%

+0.0489

Prices as of: 1/24/2017 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.

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