Important Changes to Condo Loans; Strong Housing Sentiment Showing Cracks

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30 Year Fixed

                                                                4.66%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                4.14%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.86%
                                                                  
                                                                +0.0347

FNMA 30YR 3.5

                                                                99.55
                                                                  
                                                                -0.14

FNMA 15YR 2.5

                                                                99.34
                                                                  
                                                                -0.09

View Today's Rates

Monday July 9, 2018

MND NewsWire - 11:26AM

Financing a Condo? Recent Guideline Changes Could Make a Big Difference

Fannie Mae recently made some fairly big changes to the condo underwriting process. While it may not affect everyone in the market for a condo, it will make all the difference for others ...

MND NewsWire - 11:17AM

Housing Sentiment Still Optimistic, but Losing Momentum

Americans may still feel it is a good time so sell a home and a so-so one for home purchases, but, in June at least, they were feeling a little edgy about their job security. Fannie ...

Mortgage Rate Watch - 4:47PM

Mortgage Rates Edge Slightly Higher

Mortgage rates were modestly higher today amid exceptionally quiet market conditions. In general, the bond market (which underlies mortgage rates) has been sideways and fairly lifeless ...

MBS Commentary - 9:19AM

MBS Week Ahead: Jobs? Sure, But How About Inflation?

Last week was was a bit lacking in terms of trading days due to the holiday market closure, but it made up for that with bigger-ticket data and events on Friday. This week is a bit ...

Latest Video

More homeowners leaving home equity untapped

Report shows strong job growth but where are the wage gains?

Stocks extend rally amid trade fears and Fed concerns

More News from 'Around the Web'

Reuters - 4:06PM
Wall Street gains; investors expect strong earnings
www.realtor.com - 1:25PM
No Savings? No Problem. These Companies Are Helping Home Buyers With Down Payments
CNBC - 11:50AM
Homeowners are sitting on a record amount of cash and not tapping it
eyeonhousing.org - 10:00AM
Time Needed to Build a Single-Family Home in 2017
www.ecb.europa.eu - 9:37AM
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Calculated Risk Blog - 9:04AM
Oil Rigs: "A rebound after last week's fall"
eyeonhousing.org - 9:01AM
Housing Share of GDP: First Quarter 2018
CNBC - 8:36AM
What rate spike? One group of stocks is signaling lower bond yields
Reuters - 8:05AM
Japan a big seller of German, U.S. bonds in May
CNBC - 8:00AM
Sea of red in the Treasury market may signal the bond-buying boom is over
Bloomberg - 8:00AM
Central Banks Are Ramping Up Their Risk Taking

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.66%

+0.01

15 Yr FRM

4.14%

+0.01

FHA 30 Year Fixed

4.38%

+0.01

Jumbo 30 Year Fixed

4.59%

+0.00

5/1 Yr ARM

4.00%

+0.01

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

4.52%

0.50

-0.03

15 Yr. Fixed

3.99%

0.40

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.74%

0.30

-0.13

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

96.89

-0.19

30YR FNMA 3.5

99.55

-0.14

30YR GNMA 3.0

97.93

-0.08

30YR GNMA 3.5

100.36

-0.13

15YR FNMA 3.0

99.34

-0.09

15YR FNMA 2.5

97.11

-0.14

Treasuries

Yield

Change

2 YR

2.5611%

+0.0205

5 YR

2.7518%

+0.0340

10 YR

2.8583%

+0.0347

30 YR

2.9656%

+0.0348

Prices as of: 7/9/2018 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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