Pending Home Sales Fall, But Still Holding Most of 2019's Gains; Are Rates Really Under 4.00%? Yes and No

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30 Year Fixed

                                                                4.01%
                                                                  
                                                                -0.01

15 Year Fixed

                                                                3.86%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.22%
                                                                  
                                                                -0.0454

FNMA 30YR 3.5

                                                                101.69
                                                                  
                                                                +0.16

FNMA 15YR 2.5

                                                                101.19
                                                                  
                                                                +0.16

View Today's Rates

Thursday May 30, 2019

MND NewsWire - 10:24AM

Pending Home Sales Fall, But Still Holding Most of 2019's Gains

April's pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead. The National Association of Realtors® ...

Mortgage Rate Watch - 4:00PM

Are Mortgage Rates Really Under 4.00%? Yes and No

Mortgage rates were mixed today, with some lenders holding steady while others offered mid-day improvements in response to strong performance in the bond market. In either case, today ...

MBS Commentary - 9:27AM

MBS Day Ahead: Trading Patterns a Bigger Story Than The Data

In the day just past, bonds started out in stronger territory only to lose ground by the closing bell. This wasn't necessarily destined to be the case, but a rather weak 7yr Treasury ...

Pipeline Press - 9:01AM

Broker, Digital, Customer Retention Products; FHA, VA, Ginnie Changes

My cat Myrtle’s direct exposure to the falling stock market is minimal. Mine, however, has become a sense of concern as I watch the value of my holdings get clocked, reminding ...

Latest Video

The Fed's Richard Clarida: Supply side of economy grew faster than expected

April pending home sales down 1.5% vs expected 0.9% gain

Morgan: The yield curve has inverted, but this time is different

More News from 'Around the Web'

Reuters - 3:46PM
Wall St. slump continues on U.S.-China trade uncertainty
www.realtor.com - 1:17PM
Mortgage Rates Slide Below 4% as the Trade War Buffets Markets
Calculated Risk Blog - 1:17PM
Merrill on May NFP: "A modest slowing in employment activity"
Reuters - 1:16PM
U.S. inflation much softer in first quarter; puts spotlight on Fed
CNBC - 12:04PM
Fed's Clarida outlines conditions that would be needed for a change in rates
Bloomberg - 11:46AM
A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers
Bloomberg - 10:45AM
China Pulls Punches With Trump to Defend a Path for Trade Talks
Calculated Risk Blog - 8:52AM
Weekly Initial Unemployment Claims Increase to 215,000
CNBC - 8:31AM
Second reading on first-quarter GDP is up 3.1%, vs 3.0% growth expected
CNBC - 8:02AM
US Treasury yields tick higher amid recession fears
www.builderonline.com - 8:01AM
Home Prices Higher in Portland As Growth Slows in the West

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.01%

-0.01

15 Yr FRM

3.86%

-0.01

FHA 30 Year Fixed

4.00%

+0.00

Jumbo 30 Year Fixed

3.97%

-0.01

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

4.22%

1.43

-0.12

30 Yr. Fixed

4.78%

1.18

-0.20

MBA **

30 Yr. Fixed

4.67%

0.00

+0.02

15 Yr. Fixed

0.00%

0.00

-4.00

30 Yr. Jumbo

0.00%

0.00

-4.40

30 Yr. FHA

0.00%

0.00

-4.64

5/1 ARM

0.00%

0.00

-3.95

Freddie Mac **

30 Yr. Fixed

3.99%

0.50

-0.07

15 Yr. Fixed

3.46%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.60%

0.40

-0.08

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

99.98

+0.23

30YR FNMA 3.5

101.69

+0.16

30YR GNMA 3.0

101.19

+0.36

30YR GNMA 3.5

102.55

+0.17

15YR FNMA 3.0

101.19

+0.16

15YR FNMA 2.5

99.73

+0.22

Treasuries

Yield

Change

2 YR

2.0649%

-0.0440

5 YR

2.0248%

-0.0462

10 YR

2.2168%

-0.0454

30 YR

2.6422%

-0.0504

Prices as of: 5/30/2019 4:54PM 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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