Jumbo Loans Back in Style?; Homeready vs FHA

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30 Year Fixed

                                                                4.65%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                4.15%
                                                                  
                                                                -0.02

10YR Treasury

                                                                2.86%
                                                                  
                                                                +0.0018

FNMA 30YR 3.5

                                                                99.41
                                                                  
                                                                +0.05

FNMA 15YR 2.5

                                                                99.39
                                                                  
                                                                +0.02

View Today's Rates

Friday August 31, 2018

MND NewsWire - 11:11AM

Jumbo Loans Back in Style?

Taking out a mortgage with an origination balance higher than whatever the conventional loan limit was at the time used to be an expensive proposition. Home buyers and refinancers had ...

MND NewsWire - 4:37PM

HomeReady: Several Big Advantages Over FHA

Fannie Mae’s 3% down payment HomeReady program was rolled out in 2016. HomeReady has numerous advantages over FHA loans (historically the most common “low down payment” ...

MBS Commentary - 10:28AM

MBS Day Ahead: Lowest Volatility Ever, or Close to It

There are a few different ways to measure volatility in the bond market, but one of the simplest is via the average daily trading range. That particular metric is showing volatility ...

Mortgage Rate Watch - 5:17PM

Mortgage Rates End Week Near Best Levels

Mortgage rates caught a break to end a week that was otherwise spent moving higher. Although we did see a bit of improvement in underlying bond markets yesterday, lenders were still ...

Latest Video

Consumer sentiment index at 96.2 in August

Chicago PMI at 63.6 in August

Fed predictions and more market volatility ahead?

More News from 'Around the Web'

Calculated Risk Blog - 5:22PM
Fannie Mae: Mortgage Serious Delinquency rate decreased in July, Lowest since Oct 2007
Reuters - 4:41PM
U.S. says to move ahead with Mexico trade pact, keep talking with Canada
Bloomberg - 1:33PM
It's Trump, Not Just the Fed, Driving the Short-Term Muni Frenzy
eyeonhousing.org - 12:38PM
Lot Size Remains Record Low
www.realtor.com - 11:53AM
The Neighborhood Names With the Highestand LowestHome Prices
CNBC - 11:00AM
Millennials put pets first when buying a home
Bloomberg - 10:42AM
Record London Rents Lure Overseas Landlords to House Market
CNBC - 10:07AM
Consumer sentiment hits 96.2 in August, vs. 95.5 estimate
CNBC - 9:50AM
The $1 billion price cut: Luxury real estate gets slashed
Calculated Risk Blog - 9:22AM
Hotels: Occupancy Rate Unchanged Year-over-Year
Reuters - 8:43AM
Canada, U.S. may not reach NAFTA deal within deadline: Globe and Mail
Reuters - 8:24AM
Juncker pledges to boost auto tariffs if Trump reneges on agreement
Reuters - 8:05AM
Bond yield curves flatten - except in Brexit Britain
Bloomberg - 8:00AM
UK House Prices Drop Most Since 2012 as BOE Raises Rates

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.65%

-0.01

15 Yr FRM

4.15%

-0.02

FHA 30 Year Fixed

4.37%

-0.01

Jumbo 30 Year Fixed

4.33%

-0.02

5/1 Yr ARM

3.98%

-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

+0.01

15 Yr. Fixed

3.97%

0.50

-0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.85%

0.30

+0.03

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

96.64

-0.05

30YR FNMA 3.5

99.41

+0.05

30YR GNMA 3.0

97.81

+0.08

30YR GNMA 3.5

100.13

+0.03

15YR FNMA 3.0

99.39

+0.02

15YR FNMA 2.5

97.23

+0.05

Treasuries

Yield

Change

2 YR

2.6290%

-0.0243

5 YR

2.7382%

-0.0135

10 YR

2.8604%

+0.0018

30 YR

3.0191%

+0.0120

Prices as of: 8/31/2018 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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