Overvaluation Becoming a Bigger Issue; Jumbo Availability Declined; How Much do Rates Affect Affordability?

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30 Year Fixed

                                                                3.93%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.25%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.32%
                                                                  
                                                                -0.0018

FNMA 30YR 3.5

                                                                103.08
                                                                  
                                                                -0.02

FNMA 15YR 2.5

                                                                102.55
                                                                  
                                                                0.00

View Today's Rates

Tuesday November 7, 2017

MND NewsWire - 11:37AM

Overvaluation Becoming a Bigger Issue for Home Prices -CoreLogic

Data from CoreLogic could be sounding a bubble alarm. The company's Home Price Report for September jumped almost a point from the previous month, and the company says nearly half of ...

MND NewsWire - 9:56AM

Jumbo Loan Availability Declined in October

Access to mortgage credit changed very little over the first nine months of 2017, and when there were increases, it seemed always to be the availability of jumbo mortgages driving them ...

MND NewsWire - 9:56AM

How Much Do Rates Matter For Affordability?

During the first eight months of 2017, home prices increased at the fastest clip than any equivalent time period since 2013. Black Knight Financial Services said late last month that ...

Mortgage Rate Watch - 5:15PM

Mortgage Rates Steady at 3-Week Lows

Mortgage rates held steadier today after spending 6 of the past 7 days moving lower. They're now at their lowest levels in roughly 3 weeks and fairly close to reentering the lower range ...

Latest Video

Jim Paulsen says the long-standing bull market could take a 'pause'

No signal for a recession or for the rally to be over anytime soon: Credit Suisse's Jonathan Golub

JPMorgan: Expect Fed to raise rates four times in 2018

More News from 'Around the Web'

CNBC - 4:23PM
Mitch McConnell says Senate GOP will release its tax proposal on Friday
Calculated Risk Blog - 5:14PM
First Look: 2018 Housing Forecasts
Bloomberg - 4:20PM
Bond-Market Phenomenon Unseen Since '04 Explains Curve Conundrum
The Atlantic - 1:47PM
Governments Don't Stand a Chance Against Rich People Who Don't Like Taxes
Reuters - 1:47PM
House Republicans seek U.S. tax vote next week; Fitch warns on deficit
www.realtor.com - 1:46PM
Millennial Home Buyers Send a Chill Through Rental Markets
eyeonhousing.org - 10:45AM
Construction Job Openings in September
CNBC - 10:31AM
House tax panel chair says it expects to vote on plan next week
PR Newswire - 10:19AM
U.S. Office Space Vacancies Continue Tightening Trend
CNBC - 10:19AM
September job openings holds steady near record high
www.corelogic.com - 8:22AM
CoreLogic US Home Price Report Reveals Nearly Half of the Nation's Largest 50 Markets are Overvalued
CNBC - 8:20AM
As rules on reverse mortgages for seniors change, opportunities and concerns arise
webfeeds.brookings.edu - 8:20AM
It's time to gut the mortgage interest deduction

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.93%

+0.00

15 Yr FRM

3.25%

+0.00

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

4.12%

-0.01

5/1 Yr ARM

3.16%

-0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.45%

1.22

-0.02

30 Yr. Fixed

4.14%

1.32

-0.01

MBA **

30 Yr. Fixed

4.06%

0.38

-0.05

15 Yr. Fixed

3.34%

0.38

-0.02

30 Yr. Jumbo

3.96%

0.20

-0.04

30 Yr. FHA

3.98%

0.35

-0.04

5/1 ARM

3.14%

0.31

-0.12

Freddie Mac **

30 Yr. Fixed

3.94%

0.50

+0.00

15 Yr. Fixed

3.27%

0.50

+0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.23%

0.50

+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

100.39

-0.05

30YR FNMA 3.5

103.08

-0.02

30YR GNMA 3.0

101.42

-0.03

30YR GNMA 3.5

104.00

0.00

15YR FNMA 3.0

102.55

0.00

15YR FNMA 2.5

100.52

-0.03

Treasuries

Yield

Change

2 YR

1.6329%

+0.0122

5 YR

1.9884%

+0.0033

10 YR

2.3163%

-0.0018

30 YR

2.7786%

-0.0187

Prices as of: 11/7/2017 5:06PM 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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