Rates Steady Despite Strong Jobs Data. Here's Why; Shift Out of FHA; Ginnie Record

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30 Year Fixed

                                                                4.35%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.57%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.57%
                                                                  
                                                                -0.0345

FNMA 30YR 3.5

                                                                101.11
                                                                  
                                                                +0.02

FNMA 15YR 2.5

                                                                101.66
                                                                  
                                                                -0.16

View Today's Rates

Friday March 10, 2017

Mortgage Rate Watch - 4:14PM

Mortgage Rates Hold Steady Despite Strong Jobs Data. Here's Why...

Mortgage rates held steady today, despite a key report from the Labor Department showing stronger-than-expected job creation in February. Typically, a strong jobs report is bad for ...

Pipeline Press - 9:36AM

Shift Out of FHA Loans Yet Ginnie Sets New Record; Worst Seller Traits in M&A

The last time I checked Americans enjoy living indoors, especially given storms like today’s in the Northeast. How’s this for a combination of edifices and technology: If ...

MBS Commentary - 4:43PM

MBS RECAP: ADP Armor Helps Bonds Fend Off Strong Jobs Report

ADP provided a cruel gift on Wednesday. It isn't the most trusted advance indicator of the infinitely more important NFP data, but when it beats the forecast by more than 100k, markets ...

MBS Commentary - 8:15AM

MBS Day Ahead: Any Weakness After NFP Means a Showdown With 3-Year Highs

Bonds are right on the edge of the relative abyss. If 10yr yields break much higher today, we'll be operating in territory not seen since early 2014. Frustratingly, if bond yields break ...

Latest Video

Rate hike odds hit 90%

Hatzius: Close call between 3 hikes with balance sheet adjustment and 4 rate hikes

Fed has window to raise rates in March: Pro

More News from 'Around the Web'

Bloomberg - 4:30PM
US Subprime Auto Loan Losses Reach Highest Level Since the Financial Crisis
Market Watch - 4:30PM
The Fed: Fed expected to send hawkish signals with the dot plot
Bloomberg - 1:36PM
Yellen Claim Fed Isn't Behind Curve Challenged by Robust Hiring
CNBC - 1:36PM
Don't take the 235K jobs number at face value, Goldman's chief economist says
Bloomberg - 11:28AM
ECB Said to Have Discussed Whether Rates Can Rise Before QE Ends
The Atlantic - 10:32AM
3 Takeaways From the February Jobs Report
Market Watch - 9:40AM
Jobs report takes away last hurdle to Fed interest-rate hike
CNBC - 9:08AM
Jobs and wages both jumped in February
Bloomberg - 8:26AM
Proof Daylight Saving Time Is Dumb, Dangerous, and Costly

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.35%

+0.00

15 Yr FRM

3.57%

+0.00

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

4.54%

+0.01

5/1 Yr ARM

3.13%

-0.03

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

4.21%

0.50

+0.11

15 Yr. Fixed

3.42%

0.50

+0.10

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.23%

0.40

+0.09

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

97.77

+0.06

30YR FNMA 3.5

101.11

+0.02

30YR GNMA 3.0

99.66

+0.13

30YR GNMA 3.5

102.55

+0.22

15YR FNMA 3.0

101.66

-0.16

15YR FNMA 2.5

99.33

+0.16

Treasuries

Yield

Change

2 YR

1.3554%

-0.0233

5 YR

2.0981%

-0.0398

10 YR

2.5745%

-0.0345

30 YR

3.1622%

-0.0299

Prices as of: 3/10/2017 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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