Rates Fall to 2017 Lows After Jobs Report; Dodd-Frank Provisions on Chopping Block

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30 Year Fixed

                                                                3.98%
                                                                  
                                                                -0.04

15 Year Fixed

                                                                3.24%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.16%
                                                                  
                                                                -0.0593

FNMA 30YR 3.5

                                                                103.38
                                                                  
                                                                +0.23

FNMA 15YR 2.5

                                                                103.19
                                                                  
                                                                +0.13

View Today's Rates

Friday June 2, 2017

Mortgage Rate Watch - 5:49PM

Rates Fall to 2017 Lows After Jobs Report

Mortgage rates moved convincingly lower today following weaker-than-expected employment data from the Labor Department. The big "jobs report" showed only 138k new nonfarm payrolls ...

MND NewsWire - 2:22PM

Many Dodd-Frank Provisions May Be on House Chopping Block Next Week

House Majority Leader Kevin McCarthy (R-CA) has told reporters he expects a full House vote next week on H.R. 10, The Financial Choice Act which was voted out of the Financial Services ...

Pipeline Press - 8:50AM

Credit Guideline Changes; Jumbo Secondary Market News

In celebration of National Doughnut, or Donut, Day, let’s talk about a subset of real estate agents. The typical Realtor , and there are 1.2 million of them in NAR, is a 53-year ...

MBS Commentary - 8:32AM

MBS Day Ahead: All About NFP, But a Meaningful Reaction Might be Tough

Today's only significant data point will be NFP, which is the most significant piece of scheduled economic data every month! When the economy is in a state of change, NFP becomes an ...

Latest Video

Yields move lower on jobs number

We do expect a hike at the June meeting: Economist

Fed hike probability 91%

More News from 'Around the Web'

Market Watch - 4:23PM
U.S. stocks close at record for second session in a row
Calculated Risk Blog - 4:22PM
Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama, Trump
Market Watch - 4:21PM
Bonds and the stock market are rallying at the same time, and it's befuddling investors
Bloomberg - 1:16PM
El-Erian Says Liquidity Trade Replaced Trump as Market Catalyst - Bloomberg
CNBC - 12:47PM
Fed's Harker still sees three rate hikes this year, calls May payrolls number 'good'
CNBC - 11:04AM
Weak May jobs growth raises doubts about how much Fed can raise interest rates this year
CNBC - 10:12AM
We just found out the Fed's rate path may be too aggressive, ex-Obama advisor Goolsbee says
Reuters - 9:15AM
Traders keep bets on June rate hike after jobs report
CNBC - 9:06AM
The government says unemployment fell to 4.3% in May, but here's a more realistic rate
www.npr.org - 8:37AM
May Jobs Report: 138,000 More On Payrolls; Unemployment Dips Slightly
CNBC - 8:28AM
Trump allies push new Fannie and Freddie reform plan

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.98%

-0.04

15 Yr FRM

3.24%

-0.03

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

4.27%

-0.04

5/1 Yr ARM

3.04%

-0.05

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

3.94%

0.50

-0.01

15 Yr. Fixed

3.19%

0.50

+0.00

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.11%

0.50

+0.04

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

100.72

+0.34

30YR FNMA 3.5

103.38

+0.23

30YR GNMA 3.0

102.05

+0.33

30YR GNMA 3.5

104.25

+0.09

15YR FNMA 3.0

103.19

+0.13

15YR FNMA 2.5

101.06

+0.14

Treasuries

Yield

Change

2 YR

1.2899%

-0.0078

5 YR

1.7204%

-0.0427

10 YR

2.1591%

-0.0593

30 YR

2.8100%

-0.0541

Prices as of: 6/2/2017 5:05PM 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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