Average Homeowner Gaining Equity at Double-Digit Pace; Rates Only Slightly Higher Despite Bond Market Weakness

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30 Year Fixed

                                                                3.97%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.31%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.37%
                                                                  
                                                                +0.0267

FNMA 30YR 3.5

                                                                102.83
                                                                  
                                                                -0.05

FNMA 15YR 2.5

                                                                102.02
                                                                  
                                                                +0.02

View Today's Rates

Thursday December 7, 2017

Mortgage Rate Watch - 4:17PM

Rates Only Slightly Higher Despite Bond Market Weakness

Mortgage rates were best described as " unchanged " today, although that may not be the case tomorrow. The afternoon hours saw bond markets (which dictate rate movement) come under ...

MND NewsWire - 11:47AM

Homeowner Equity Gain Averages in Double Digits

Nine years after what is acknowledged as the start of the housing crisis about 2.5 million homeowners remain underwater , but that number is down by 0.7 million since the third quarter ...

MBS Commentary - 9:23AM

MBS Day Ahead: We're Supposed to Have a Tough Time

Both yesterday and the day before, bonds closed in stronger territory than the previous day's close. That's the first time that's happened since early November, and one of the few times ...

Pipeline Press - 9:20AM

Servicing News; FHA and VA Update; US Bank Exits Wholesale

Upset that Richard Cordray has left the CFPB and is officially running for governor of Ohio ? Bored with lending here, and want to go into the home financing business in Africa? Per ...

Latest Video

10-year yield on the move

Concerns mount over eliminating state and local tax deductions

The profits made from flipping homes continues to shrink

More News from 'Around the Web'

CNBC - 4:15PM
Trump will start infrastructure push in January, White House officials say
Reuters - 4:15PM
Exclusive: Wells Fargo sanctions are on ice under Trump official - sources
Calculated Risk Blog - 3:32PM
Goldman: November Payrolls Preview
www.hud.gov - 2:24PM
FHA Loan Limits Released
Calculated Risk Blog - 2:00PM
November Employment Preview
freddiemac.mwnewsroom.com - 1:36PM
Freddie Mac Prices First Offering of Certificates Backed by Single-Family Rentals
www.consumerfinancemonitor.com - 1:35PM
English files motion for preliminary injunction, amended complaint in CFPB Acting Director dispute
CNBC - 12:46PM
The profits made from flipping homes continues to shrink
freddiemac.mwnewsroom.com - 12:18PM
Freddie Mac Announces Pricing of $292 Million Multifamily Small Balance Loan Securitization
Bloomberg - 12:08PM
Bill Gross: Expect a 'More Cautious and Easier Fed'
webfeeds.brookings.edu - 12:01PM
Hutchins Roundup: Middle-class wealth, job separation reasons and earnings, and more
webfeeds.brookings.edu - 11:03AM
The Hutchins Center Explains: The Chained CPI
freddiemac.mwnewsroom.com - 10:05AM
Rates Rise Across the Board
eyeonhousing.org - 9:39AM
Number of Bathrooms in New Homes
Calculated Risk Blog - 9:39AM
Weekly Initial Unemployment Claims decrease to 236,000
CNBC - 9:21AM
No, bonds aren't signaling economic trouble ahead. Here's why
Bloomberg - 8:34AM
Bond Traders Home In on Inflation Mystery as the Key to Winning 2018
The Atlantic - 8:21AM
The Long Game of Republican Economics
Reuters - 8:21AM
Trump faces off with Democrats over potential government shutdown
info.trulia.com - 8:10AM
Trulia: 2018 May See Cooling Of Pricey Coastal Markets And Continued Rise In Homeownership Rate Despite For-Sale Inventory Shortage

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.97%

+0.01

15 Yr FRM

3.31%

+0.00

FHA 30 Year Fixed

3.60%

+0.00

Jumbo 30 Year Fixed

4.14%

+0.01

5/1 Yr ARM

3.20%

+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

+0.04

15 Yr. Fixed

3.36%

0.50

+0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.35%

0.30

+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

99.98

-0.14

30YR FNMA 3.5

102.83

-0.05

30YR GNMA 3.0

101.02

+0.06

30YR GNMA 3.5

103.78

+0.08

15YR FNMA 3.0

102.02

+0.02

15YR FNMA 2.5

100.00

+0.02

Treasuries

Yield

Change

2 YR

1.8065%

-0.0039

5 YR

2.1396%

+0.0134

10 YR

2.3670%

+0.0267

30 YR

2.7654%

+0.0385

Prices as of: 12/7/2017 4:54PM 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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