Mortgage Rates Now at 2-Month Lows; Public Spending Buoys Construction Numbers

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30 Year Fixed

                                                                4.85%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                4.37%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.97%
                                                                  
                                                                -0.0272

FNMA 30YR 3.5

                                                                98.36
                                                                  
                                                                +0.17

FNMA 15YR 2.5

                                                                98.80
                                                                  
                                                                +0.09

View Today's Rates

Monday December 3, 2018

Mortgage Rate Watch - 4:16PM

Mortgage Rates Now at 2-Month Lows

Mortgage rates didn't really improve today for the average lender, but they did manage to hit the lowest rates in 2 months on a technicality. The reason for this is simple. There was ...

MND NewsWire - 12:22PM

Public Spending Buoys October Construction Numbers

Construction spending was lower on a month-over-month basis in October, but an increase in public sector spending held the overall decline to a minimum. The U.S. Census Bureau said ...

MBS Commentary - 8:57AM

MBS Day Ahead: First Week of The Rest of The Year

Much like the person on a journey of self-improvement might hear a trite pep talk about today being the first day of the rest of their life, bond markets are facing a similar opportunity ...

Pipeline Press - 8:49AM

Sales Jobs and Promotions; Education Products; Bond Market Watching Jobs and China

I admit that I’ve become jaded over the years. Another potential government shutdown comes and goes. As always, our industry, and more importantly those with insurance, must deal ...

Latest Video

Mnuchin says Fed chair Powell has a difficult job

Trade war ceasefire is an 'inflection point', says Snap-On CEO

NY Fed President: Neutral rate low for foreseeable future

More News from 'Around the Web'

Calculated Risk Blog - 4:59PM
Year-to-Date Performance: Employment, Vehicle Sales, New Home Sales
Bloomberg - 3:33PM
Wednesday's US Economy Data Delayed, Powell Hearing Canceled
webfeeds.brookings.edu - 2:22PM
Quantitative easing lowered interest rates. Why isn't quantitative tightening lifting them more?
CNBC - 2:22PM
December is usually the slowest month for home sales, but that might not be the case this year
Reuters - 12:20PM
U.S. credit demand declines, rejection rates rise: NY Fed survey
CNBC - 10:51AM
Fed's Quarles: Fed watching data but will not react to 'every wavering'
eyeonhousing.org - 10:29AM
Most Homes For-Sale are Unaffordable to Most People
Calculated Risk Blog - 10:13AM
ISM Manufacturing index increased to 59.3 in November
Bloomberg - 9:50AM
Fed's Clarida Says US Economy in Good Shape, Outlook Solid
www.builderonline.com - 9:24AM
The Day After Christmas is the Best Day to Buy a House
CNBC - 8:22AM
Mnuchin says Trump 'liked' Fed chief Powell's speech that boosted markets last week
CNBC - 7:58AM
Fed's Clarida says the current framework is serving the Fed well
www.realtor.com - 7:57AM
The Housing Slowdown Is Hereand These 10 Cities Are Getting Hit Hardest

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.85%

-0.01

15 Yr FRM

4.37%

+0.00

FHA 30 Year Fixed

4.37%

+0.00

Jumbo 30 Year Fixed

4.54%

+0.00

5/1 Yr ARM

4.75%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

4.15%

1.16

-0.02

30 Yr. Fixed

4.78%

1.15

+0.01

MBA **

30 Yr. Fixed

4.96%

0.49

-0.01

15 Yr. Fixed

4.39%

0.50

+0.01

30 Yr. Jumbo

4.93%

0.31

+0.01

30 Yr. FHA

4.95%

0.80

+0.01

5/1 ARM

4.24%

0.48

+0.02

Freddie Mac **

30 Yr. Fixed

4.81%

0.50

-0.13

15 Yr. Fixed

4.25%

0.40

-0.11

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

4.12%

0.30

-0.02

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

95.66

+0.22

30YR FNMA 3.5

98.36

+0.17

30YR GNMA 3.0

96.64

+0.39

30YR GNMA 3.5

99.08

+0.17

15YR FNMA 3.0

98.80

+0.09

15YR FNMA 2.5

96.55

+0.05

Treasuries

Yield

Change

2 YR

2.8210%

+0.0244

5 YR

2.8158%

-0.0068

10 YR

2.9661%

-0.0272

30 YR

3.2519%

-0.0742

Prices as of: 12/3/2018 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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