Huge Discrepancy in Rates; Universal MBS is Humming; Waiting For Inspiration

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30 Year Fixed

                                                                3.64%
                                                                  
                                                                +0.00

15 Year Fixed

                                                                3.32%
                                                                  
                                                                +0.00

10YR Treasury

                                                                1.64%
                                                                  
                                                                -0.1044

FNMA 30YR 3.5

                                                                102.63
                                                                  
                                                                +0.05

FNMA 15YR 2.5

                                                                102.34
                                                                  
                                                                +0.08

View Today's Rates

Monday August 12, 2019

Mortgage Rate Watch - 3:24PM

Mortgage Rates Miraculously Flat Despite Massively Lower Treasury Yields

Mortgage rates were unchanged to slightly higher today--a claim that utterly boggles the mind of anyone who thought they understood the relationship between bond markets and the mortgage ...

MND NewsWire - 3:22PM

Fannie/Freddie Universal MBS Launch Has Been Seamless So Far

After years of planning, the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac launched their uniform mortgage-backed security (UMBS) in early June. So far, the ...

MBS Commentary - 9:30AM

MBS Week Ahead: Sideways Baseline Waits For Inspiration (And Wonders

In the week just passed, bonds began to settle into a range after the sharp move lower in the previous week (driven by flaring trade tensions). This settling process didn't truly emerge ...

Pipeline Press - 9:19AM

Broker, Credit, Subservicer Products; CRM Survey and Vendor News

While the world is watching 0% or-.5% interest rates in Denmark , in this country Zillow is competing with lenders, real estate agents, and mom & pop fix & flippers. In its ...

Latest Video

There would need to be a US recession for interest rates to go negative, says CIO says

Goldman Sachs approves subprime customers for Apple credit cards—here's why

Why Steve Eisman's new 'Big Short' is a bet against Zillow

More News from 'Around the Web'

Bloomberg - 3:12PM
U.S. Budget Deficit Already Exceeds Last Year's Total Figure - Bloomberg
Reuters - 3:12PM
Morgan Stanley analysts say Fed to cut U.S. rates in September
CNBC - 1:58PM
Wall Street sees even more Fed rate cuts ahead with Morgan Stanley predicting a return to zero
CNBC - 1:55PM
Danish bank offers mortgages with negative 0.5% interest rateshere's why that's not necessarily a good thing
Reuters - 11:14AM
U.S. consumer inflation outlook declined as Fed weighed rate cuts: survey
Reuters - 10:22AM
Yen and bond bulls charge on; Argentina braces for mauling
Calculated Risk Blog - 9:49AM
AAR: July Rail Carloads down 4.8% YoY, Intermodal Down 6.1% YoY
eyeonhousing.org - 8:47AM
Top 10 Features Millennials Wantand Don't Want
CNBC - 8:18AM
China's central bank says it's close to releasing its own digital currency
Bloomberg - 8:14AM
Bond Traders on Yuan-Watch as Trade War Turns Data Into Old News

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.64%

+0.00

15 Yr FRM

3.32%

+0.00

FHA 30 Year Fixed

3.28%

+0.03

Jumbo 30 Year Fixed

3.72%

+0.01

5/1 Yr ARM

3.50%

+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

4.12%

0.38

+0.08

15 Yr. Fixed

3.48%

0.32

+0.06

30 Yr. Jumbo

4.07%

0.21

+0.04

30 Yr. FHA

4.01%

0.28

+0.04

5/1 ARM

3.58%

0.27

+0.02

Freddie Mac **

30 Yr. Fixed

3.60%

0.60

-0.15

15 Yr. Fixed

3.05%

0.50

-0.15

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.36%

0.30

-0.10

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

101.61

+0.16

30YR FNMA 3.5

102.63

+0.05

30YR GNMA 3.0

102.73

+0.03

30YR GNMA 3.5

103.67

-0.02

15YR FNMA 3.0

102.34

+0.08

15YR FNMA 2.5

101.25

+0.16

Treasuries

Yield

Change

2 YR

1.5776%

-0.0710

5 YR

1.4862%

-0.0930

10 YR

1.6403%

-0.1044

30 YR

2.1276%

-0.1318

Prices as of: 8/12/2019 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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