Low Rates, But There's a Catch; Get Used to Coconuts

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30 Year Fixed

                                                                4.63%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                4.12%
                                                                  
                                                                -0.03

10YR Treasury

                                                                2.83%
                                                                  
                                                                -0.0220

FNMA 30YR 3.5

                                                                99.59
                                                                  
                                                                +0.09

FNMA 15YR 2.5

                                                                99.48
                                                                  
                                                                +0.09

View Today's Rates

Friday July 13, 2018

Mortgage Rate Watch - 2:55PM

Lowest Rates Since May, But There's a Catch

Mortgage rates fell by an observable amount today-- one of the few times they've done so in recent weeks. Technically, today's average lender is offering the best we've seen since May ...

MBS Commentary - 4:23PM

MBS RECAP: Bonds Gain Despite Data Surprise and Stock Rally

Before any discussion about market movement in July, we have to set the stage with some disclaimer about "slow summertime trading." That was the subject of this morning's commentary ...

MBS Commentary - 10:20AM

MBS Day Ahead: Get Used to Coconuts, Probably

I know I made a Looney Tunes reference last week, but another one is in order. For those that aren't familiar, Yosemite Sam is stranded on a desert island and sits down to a smorgasbord ...

Pipeline Press - 8:58AM

Construction, Warehouse Products; Free LO Comp Webinar; Shifting UW Criteria

Events and Training Don't miss out on the Lenders One 2018 Summer Conference in Salt Lake City, Utah, August 5-8, at The Grand America. In an age of disruption, it's never been more ...

Latest Video

Fed: Wage growth remains moderate

Consumer sentiment misses 98 estimate result of tariff talk

Does the flattening and potential inversion of the yield curve portend a US recession?

More News from 'Around the Web'

Reuters - 2:32PM
Wells Fargo's loan book shrinks, profit misses estimates
Calculated Risk Blog - 1:24PM
Looking back 9 Years Ago: The Sluggish Recovery Began
CNBC - 12:00PM
Want to buy a house? How long you'll have to save depends on where you live
CNBC - 11:39AM
The bond market is sounding an alarm on the economy as 'yield curve' spread hits narrowest in 11 years on Friday
Reuters - 11:38AM
Fed emphasizes 'solid' U.S economic growth, repeats gradual approach
eyeonhousing.org - 10:51AM
Apartment Construction Times Lengthened in 2017
CNBC - 10:15AM
Consumer sentiment hits 97.1 in July vs. 98.2 estimate
Reuters - 9:54AM
U.S. import prices post biggest drop in two years
Bloomberg - 9:34AM
Wells Fargo Mortgage Fees Drop by a Third as Interest Rates Rise
CNBC - 9:08AM
The US and UK have agreed to pursue an 'ambitious' trade deal, says UK leader Theresa May
Reuters - 8:09AM
COLUMN-In defence of the yield curve: McGeever
Reuters - 8:06AM
China's trade surplus with U.S. hits record as exporters rush to beat tariffs

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.63%

-0.02

15 Yr FRM

4.12%

-0.03

FHA 30 Year Fixed

4.35%

-0.03

Jumbo 30 Year Fixed

4.54%

-0.04

5/1 Yr ARM

3.95%

-0.04

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.65%

1.14

+0.09

30 Yr. Fixed

4.19%

1.21

+0.02

MBA **

30 Yr. Fixed

4.68%

0.46

-0.01

15 Yr. Fixed

4.12%

0.51

+0.05

30 Yr. Jumbo

4.55%

0.37

+0.00

30 Yr. FHA

4.69%

0.81

-0.04

5/1 ARM

3.83%

0.68

-0.10

Freddie Mac **

30 Yr. Fixed

4.53%

0.40

+0.01

15 Yr. Fixed

4.02%

0.40

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.86%

0.30

+0.12

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

97.00

+0.13

30YR FNMA 3.5

99.59

+0.09

30YR GNMA 3.0

98.14

+0.02

30YR GNMA 3.5

100.47

+0.02

15YR FNMA 3.0

99.48

+0.09

15YR FNMA 2.5

97.27

+0.09

Treasuries

Yield

Change

2 YR

2.5820%

-0.0080

5 YR

2.7266%

-0.0219

10 YR

2.8271%

-0.0220

30 YR

2.9323%

-0.0146

Prices as of: 7/13/2018 4:56PM 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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