Rate Pressure Pauses After Fed; Inventory Issues Hurt Existing Sales; Price Gains Decelerate

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30 Year Fixed

                                                                4.05%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.31%
                                                                  
                                                                +0.02

10YR Treasury

                                                                2.25%
                                                                  
                                                                -0.0316

FNMA 30YR 3.5

                                                                103.08
                                                                  
                                                                +0.23

FNMA 15YR 2.5

                                                                103.00
                                                                  
                                                                +0.19

View Today's Rates

Wednesday May 24, 2017

Mortgage Rate Watch - 3:35PM

Upward Mortgage Rate Momentum Pauses After Fed

Mortgage rates moved moderately higher this morning, beginning the day at the highest levels in roughly 2 weeks. Afternoon events helped underlying bond markets bounce back, however ...

MND NewsWire - 10:04AM

Existing Home Sales Decline Slightly; Inventory Issues Persist

Existing homes declined in April, falling back by 2.3 percent in April when compared to March 2017 levels. The National Association of Realtors® (NAR) said the month's transactions ...

MND NewsWire - 9:56AM

Price Gains Decelerate But Remain Over 6 Percent Annually

The Federal Housing Finance Agency (FHFA) is reporting another significantly high set of results for its Housing Price Index (HPI). The current values cover results for the quarter ...

MND NewsWire - 8:29AM

Calendar Colludes; Delinquencies Spike by Most in Nine Years

While Black Knight Financial Services maintains it was a function of seasonality, mortgage delinquencies increased in April by the largest percentage in nine years . The company, in ...

Latest Video

Shiller: Market could go up 50% from here

Home sales flashing early warning signs

Fed: Balance sheet should be reduced this year

More News from 'Around the Web'

CNBC - 3:52PM
Fed balance sheet unwind 'absolutely' reduces chance of more rate hikes: Former Dallas Fed advisor
Calculated Risk Blog - 3:29PM
Black Knight: Mortgage Delinquencies Increased in April
Calculated Risk Blog - 2:18PM
FOMC Minutes: More details on Balance Sheet Reduction
CNBC - 2:05PM
Fed sets process to unravel $4.5 trillion balance sheet
eyeonhousing.org - 12:17PM
Trends in Delinquency Rates Point to Continued Healing
Market Watch - 12:17PM
Homeowners hate Zestimates' so Zillow awarding $1 million to improve its model
freddiemac.mwnewsroom.com - 11:11AM
Freddie Mac May 2017 Outlook
CNBC - 11:10AM
US economy can do the 3% growth assumed in Trump's budget, Mohamed El-Erian says
CNBC - 11:08AM
It's cheaper to buy a home than rent but you have to find one first
CNBC - 10:29AM
The Fed wants to raise rates this year. One thing could stand in the way
www.bkfs.com - 9:33AM
Black Knight Financial Services' First Look at April 2017 Mortgage Data
CNBC - 9:31AM
Paul Ryan wants to put tax reform on Trump's desk by Christmas
CNBC - 8:33AM
Fed minutes in the spotlight on Wall Street; oil, data in focus

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.05%

+0.02

15 Yr FRM

3.31%

+0.02

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.33%

+0.02

5/1 Yr ARM

3.10%

+0.02

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

4.02%

0.50

-0.03

15 Yr. Fixed

3.27%

0.50

-0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.13%

0.50

-0.01

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

100.22

+0.27

30YR FNMA 3.5

103.08

+0.23

30YR GNMA 3.0

101.66

+0.22

30YR GNMA 3.5

104.14

+0.23

15YR FNMA 3.0

103.00

+0.19

15YR FNMA 2.5

100.83

+0.22

Treasuries

Yield

Change

2 YR

1.2897%

-0.0176

5 YR

1.7868%

-0.0399

10 YR

2.2501%

-0.0316

30 YR

2.9198%

-0.0234

Prices as of: 5/24/2017 4:06PM 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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