Existing Homes and Prices Surge; Rates Fall After Fed; GSE Shareholder Woes; Refi Apps Dragging Bottom

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30 Year Fixed

                                                                4.20%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.40%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.41%
                                                                  
                                                                -0.0161

FNMA 30YR 3.5

                                                                102.23
                                                                  
                                                                +0.06

FNMA 15YR 2.5

                                                                102.53
                                                                  
                                                                -0.03

View Today's Rates

Wednesday February 22, 2017

Mortgage Rate Watch - 3:56PM

Mortgage Rates Slightly Lower After Fed Minutes

Mortgage rates began the day decidedly lower than yesterday, but most lenders ended up revising rates higher in the mid-morning hours due to bond market weakness. Investors remained ...

MND NewsWire - 11:01AM

Existing Home Sales and Prices Surge Despite Rate Increases

Existing home sales kicked off 2017 with a spurt that brought sales of single family homes, townhomes, condos, and cooperative apartments to the fastest pace in nearly a decade . The ...

Pipeline Press - 1:37PM

Fannie/Freddie Legal News Not Helping Stockholders; Training and Events

Are you lending in areas where LOs are receiving more calls from recruiters than they are from real estate agents? Let’s hope not. But here’s something else that’s ...

MND NewsWire - 8:25AM

Refinance Apps Share Keeps Pushing Post-Crisis Lows

Mortgage applications activity was down slightly during the week ended February 17 compared to the previous week. The Mortgage Bankers Association (MBA) said its Market Composite Index ...

Latest Video

Fed: Rate increase could come 'fairly soon'

Existing home sales rise 3.3 percent in January

The Fed could surprise traders when they least expect it

More News from 'Around the Web'

www.builderonline.com - 4:42PM
Listing Shortage: California House Hunters Face 10% Fewer Choices
Reuters - 2:29PM
Many Fed policymakers said rate hike may come 'fairly soon': minutes
www.redfin.com - 2:28PM
50 Ways House Hunters Can Get Ready for Homebuying Season
Federal Reserve - 2:28PM
Minutes of the Federal Open Market Committee, January 31-February 1, 2017
CNBC - 12:30PM
Shares of Toll Brothers jump after earnings, revenue beat
Calculated Risk Blog - 12:29PM
AIA: Architecture Billings Index decreased in January
Market Watch - 12:28PM
Capitol Report: Realtors criticize Fannie, Freddie moves they say limit inventories
www.redfin.com - 12:28PM
Nearly Half of Minority Homebuyers in a 2016 Housing Market Survey Felt They May Have Been Discriminated Against When Trying to Buy a Home
Reuters - 10:13AM
Existing home sales hit 10-year high in January
eyeonhousing.org - 8:46AM
Small Gains for Single-Family Built-for-Rent Construction
Bloomberg - 8:14AM
Why Trump's Immigration Crackdown Could Sink US Home Prices

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.20%

-0.01

15 Yr FRM

3.40%

-0.01

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.32%

-0.01

5/1 Yr ARM

3.01%

-0.01

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

4.15%

0.50

-0.02

15 Yr. Fixed

3.35%

0.50

-0.04

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.18%

0.40

-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

98.97

+0.06

30YR FNMA 3.5

102.23

+0.06

30YR GNMA 3.0

100.81

+0.06

30YR GNMA 3.5

103.69

+0.06

15YR FNMA 3.0

102.53

-0.03

15YR FNMA 2.5

99.95

-0.02

Treasuries

Yield

Change

2 YR

1.2202%

+0.0094

5 YR

1.9065%

-0.0150

10 YR

2.4147%

-0.0161

30 YR

3.0343%

-0.0064

Prices as of: 2/22/2017 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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