Mortgage rates were just slightly higher today, leaving them roughly in the center of a range that's persisted since mid-November. During that time the average top-tier conventional 30yr fixed rate has been briefly as high as 4.5% and as low as 4.0%. Those are the exceptions. The range has predominantly been a narrower 4.125-4.375%. The average lender is quoting 4.25% today, though there are a few offering 4.125%. The outright numbers are less important here. They can vary quite a bit based on multiple variables. The fact that rates have been sideways for so long is more relevant. In fact, rates haven't merely been sideways. The range has been growing progressively more narrow over the past several months. While this type of "consolidation" is not uncommon in the wake of big market movement

February 21, 2017 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Inch Higher Ahead of Fed Minutes Mortgage rates were just slightly higher today, leaving them roughly in the center of a range that's persisted since mid-November. During that time the average top-tier conventional 30yr fixed rate has been briefly as high as 4.5% and as low as 4.0%.... (read more) Housing News Freddie Mac Looks at Ramifications of Aging-in-Place It can require as little as replacing doorknobs with levers or as complex as installing a walk-in shower, but Fannie Mae says very few existing homes are currently set up to allow their inhabitants to "age-in-place." The company takes an in-depth loo... (read more) Rob Chrisman Product and Vendor News; Post-Merger Psychology; Ocwen Back in CA Through the wonders of modern air travel, I find myself in Miami. But everywhere, in front of the grocery stores, in truly exciting news, are reminders that it’s Girl Scout Cookie season. Yes, 200,000,000 packages every year made by two compani... (read more) MBS Commentary MBS Live Day Ahead: Fed Minutes and Auction Cycle Make Up For Slow Data It's another slow week for bond markets in terms of pure "economic data."  The only relevant reports are Existing Home Sales (Wed), New Home Sales (Fri), and Consumer Sentiment (Fri).  None of these are especially reliable market movers, ... (read more) MBS Commentary MBS Live Recap: Week Ends Roughly Where it Began, with Bonds Drifting For all the sturm and drang seen in the middle of the week, trading levels somehow managed to hit today's 3pm close almost perfectly in line with Monday morning's levels.  As expected, Monday and Friday were relative non-events, given that nei... (read more) MBS Commentary MBS Live Recap: Bonds Recover Despite Another Record Day For Stocks Bonds came back from their 3-day weekend in weaker territory to start the overnight session.  Losses were mild at first, and then became moderate after stronger European economic data.  European bonds unsurprisingly saw the bigger share... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.73% +0.06% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.73% +0.06 0.00 15 Yr. Fixed 5.97% +0.06 0.00 30 Yr. FHA 6.25% +0.06 0.00 30 Yr. Jumbo 6.84% +0.04 0.00 7/6 SOFR ARM 6.33% +0.04 0.00 30 Yr. VA 6.26% +0.06 0.00 Updates Daily - Last Update: 7/2 15 Yr. Fixed Rate 5.97% +0.06% Rate Change Points Freddie Mac 30 Yr. Fixed 6.77% -0.04 0.00 15 Yr. Fixed 5.89% -0.07 0.00 Updates Weekly - Last Update: 6/26 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.88% +0.04 0.63 15 Yr. Fixed 6.11% -0.03 0.74 30 Yr. Jumbo 6.88% +0.07 0.60 Updates Weekly - Last Update: 6/25 MBS / Treasuries UMBS 30YR 5.5 99.90 +0.05 Price / Yield Change MBS UMBS 5.5 99.90 +0.06 UMBS 6.0 101.60 +0.04 GNMA 5.5 100.05 +0.08 GNMA 6.0 101.46 +0.05 Pricing as of: 7/3 1:51AM EST 10 Year US Treasury 4.2661 -0.0137 Price / Yield Change US Treasury 2 YR Treasury 3.770 -0.018 5 YR Treasury 3.852 -0.015 7 YR Treasury 4.041 -0.016 10 YR Treasury 4.266 -0.014 30 YR Treasury 4.791 -0.018 Pricing as of: 7/3 1:51AM EST Latest Video Household debt within 'spitting distance' of 2008 peak: Pro Oil spikes to 19-month high The chart everyone is talking about Around the Web Bloomberg Fed's Williams Says Historically Low Interest Rates Will Persist Market Watch March, May or June? Fed minutes may hold clues on timing of next interest-rate hike CNBC Supply of affordable housing expected to shrink Bloomberg Yellen Follows Predecessors in Chasing Fed's Dual Mandate: Chart Reuters U.S. court upholds dismissal of hedge funds' Freddie and Fannie claims Calculated Risk Blog Peak Renter NAHB Eye on Housing 2016 Custom Home Building Market Growth Calculated Risk Blog Mortgage Debt as Percent of GDP CNBC Goldman Sachs: Investors are at 'maximum optimism' and have a letdown coming CNBC US labor market has 'more room to run,' Fed's Kashkari says Freddie Mac Older Americans Face Challenges When Aging in Place Gallup U.S. Economic Confidence Holds Steady in Positive Territory Reuters Stock futures hit record highs amid retail earnings

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.