Mortgage Profits Surge; Awesomely Flat Rates; What's Hurting Homeownership?

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30 Year Fixed

                                                                3.91%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.72%
                                                                  
                                                                +0.00

10YR Treasury

                                                                2.12%
                                                                  
                                                                -0.0104

FNMA 30YR 3.5

                                                                101.97
                                                                  
                                                                0.00

FNMA 15YR 2.5

                                                                101.56
                                                                  
                                                                +0.03

View Today's Rates

Thursday June 6, 2019

MND NewsWire - 3:32PM

Mortgage Profitability, Costs, and Revenues All Surging in 2019

The financial situation for mortgage lenders brightened considerably in the first quarter of this year, although profitability is way down from post-recession peaks. The Mortgage Bankers ...

Mortgage Rate Watch - 5:19PM

Rates are Flat This Week and That's Awesome!

Mortgage rates didn't move much today. That's been the theme for most lenders every day this week. Rarely has an absence of change been so awesome! That's because rates also happen ...

MND NewsWire - 10:54AM

Lack of Mortgage Savvy May be Stifling Homeownership

Fannie Mae's monthly National Housing Survey consistently shows that the vast majority of Americans would prefer to own rather than rent a home but are uncertain or mistaken about what ...

MND NewsWire - 8:25AM

NAR Letters Urges FHFA Director, Reform with Caution

We can only guess at what the new director of the Federal Housing Finance Agency (FHFA) told members of the National Association of Realtors® (NAR) last month, but it certainly ...

Latest Video

Bond market has been pricing in slower global growth, says credit pro

NY Fed President Williams discusses inflation, trade

Cashin: The market is willing to tolerate short term trade tariffs

More News from 'Around the Web'

Reuters - 3:10PM
U.S. mulls delaying threatened tariffs on Mexican products: Bloomberg
CNBC - 2:09PM
Fed's Williams says the yield curve isn't a magic 'oracle' for predicting a recession
webfeeds.brookings.edu - 2:08PM
How will we know when a recession is coming?
Reuters - 2:08PM
Wall Street muted as rate cut bets temper trade tensions
eyeonhousing.org - 11:23AM
Small City Single-Family Building Growth Slowing
Calculated Risk Blog - 10:24AM
Las Vegas Real Estate in May: Sales Up 4% YoY, Inventory up 98% YoY
Reuters - 9:27AM
Fed's Kaplan: Trade with Mexico 'overwhelmingly' in U.S. interests
Calculated Risk Blog - 9:00AM
Trade Deficit Decreased to $50.8 Billion in April
Bloomberg - 8:07AM
ECB Decides, Vote on Next ECB Head, Fed Beige Book: Eco Day
Reuters - 8:04AM
Flare-up in trade tensions sours rate-hope rally
Bloomberg - 8:03AM
U.S. Home Flippers Are Cashing Out Before Profits Get Slimmer

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.91%

+0.00

15 Yr FRM

3.72%

+0.00

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.92%

+0.02

5/1 Yr ARM

3.88%

-0.04

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

3.82%

0.50

-0.17

15 Yr. Fixed

3.28%

0.50

-0.18

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.52%

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

100.36

+0.02

30YR FNMA 3.5

101.97

0.00

30YR GNMA 3.0

101.66

+0.16

30YR GNMA 3.5

102.83

+0.08

15YR FNMA 3.0

101.56

+0.03

15YR FNMA 2.5

100.27

+0.08

Treasuries

Yield

Change

2 YR

1.8787%

+0.0258

5 YR

1.8828%

+0.0115

10 YR

2.1209%

-0.0104

30 YR

2.6149%

-0.0287

Prices as of: 6/6/2019 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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