Housing Cost Burden Getting Lighter; Mortgage Apps Hit Seasonal Slump; Rates Look For Ceiling

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30 Year Fixed

                                                                3.79%
                                                                  
                                                                -0.05

15 Year Fixed

                                                                3.41%
                                                                  
                                                                -0.04

10YR Treasury

                                                                1.83%
                                                                  
                                                                -0.0265

FNMA 30YR 3.5

                                                                102.61
                                                                  
                                                                +0.17

FNMA 15YR 2.5

                                                                102.19
                                                                  
                                                                +0.11

View Today's Rates

Wednesday November 6, 2019

Mortgage Rate Watch - 5:12PM

Mortgage Rates Trying to Find a Ceiling

Mortgage rates were sharply higher yesterday , but managed to reverse course and make some gains today. The refreshing part of the improvement was that the bond market (which underlies ...

MND NewsWire - 11:08AM

Fewer Homeowners Carry Housing Cost Burdens than Pre-Recession

It may come as a surprise to some, but the Census Bureau says the housing cost burden for homeowners has been getting lighter. The Bureau's American Community Survey (ACS) found fewer ...

MND NewsWire - 8:25AM

Mortgage Apps Hit Their Seasonal Slump, YOY Numbers Tell a Different Story

Mortgage activity was little changed during the week ended November 1 as interest rates continued to bounce around. The Mortgage Bankers Association (MBA) said its Market Composite ...

Latest Video

Third-quarter productivity decreased 0.3%, missing expectations to increase 0.9%

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Reuters - 11:59AM
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Reuters - 10:32AM
Fed's Evans: U.S. economy in 'good place,' but watching inflation
Reuters - 10:10AM
Explainer: Central bank digital currencies - edging toward reality?
Calculated Risk Blog - 9:36AM
Las Vegas Real Estate in October: Sales up 7% YoY, Inventory up 6% YoY
www.builderonline.com - 8:13AM
Dallas Homebuyers Moving in From L.A.
ir.pennymacfinancial.com - 8:06AM
PennyMac Financial Services Files Antitrust Lawsuit Against Black Knight for Anticompetitive Behavior

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.79%

-0.05

15 Yr FRM

3.41%

-0.04

FHA 30 Year Fixed

3.38%

+0.00

Jumbo 30 Year Fixed

3.85%

-0.05

5/1 Yr ARM

3.45%

-0.05

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.79%

1.21

-0.12

30 Yr. Fixed

4.39%

1.12

-0.22

MBA **

30 Yr. Fixed

4.05%

0.37

+0.03

15 Yr. Fixed

3.40%

0.36

+0.01

30 Yr. Jumbo

4.01%

0.30

+0.05

30 Yr. FHA

3.83%

0.28

+0.04

5/1 ARM

3.43%

0.23

+0.14

Freddie Mac **

30 Yr. Fixed

3.78%

0.50

+0.03

15 Yr. Fixed

3.19%

0.60

+0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.43%

0.40

+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

101.34

+0.20

30YR FNMA 3.5

102.61

+0.17

30YR GNMA 3.0

102.69

+0.19

30YR GNMA 3.5

103.84

+0.19

15YR FNMA 3.0

102.19

+0.11

15YR FNMA 2.5

100.73

+0.08

Treasuries

Yield

Change

2 YR

1.6126%

-0.0099

5 YR

1.6311%

-0.0296

10 YR

1.8301%

-0.0265

30 YR

2.3170%

-0.0192

Prices as of: 11/6/2019 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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