Rates Bounce At Long-Term Lows; Price Gains Resume; Lots of Refis

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30 Year Fixed

                                                                3.56%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.20%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.66%
                                                                  
                                                                +0.0568

FNMA 30YR 3.5

                                                                103.11
                                                                  
                                                                0.00

FNMA 15YR 2.5

                                                                102.70
                                                                  
                                                                -0.02

View Today's Rates

Tuesday January 28, 2020

Mortgage Rate Watch - 4:28PM

Mortgage Rates Edge Higher From Long-Term Lows

Mortgage rates were steady to slightly higher today, leaving the average lender just a hair above the lowest rates in months, and still very close to the lowest rates in more than 3 ...

MND NewsWire - 10:42AM

Home Price Gains Resumed in November

The recent re-acceleration of home price gains continued in November. The S&P CoreLogic Case-Shiller U.S. National Home Price Index which covers all nine U.S. census divisions, ...

MND NewsWire - 11:39AM

Refis Made up More Than Half of Freddie Mac December Business

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.2 percent in December, a substantial change from the 0.4 percent gain in November ...

MBS Commentary - 8:44AM

MBS Day Ahead: Range Breakout Continues But Additional Gains Aren't Guaranteed

Bonds finally broke out of one of their prevailing ranges yesterday as Wuhan virus fears reached a new level. Some may roll their eyes at this sort of thing serving as the source of ...

Latest Video

CNBC poll: GDP forecast at 2% this year and next

January consumer confidence index jumps to 131.6

US durable goods orders up 2.4% percent in December

More News from 'Around the Web'

CNBC - 3:40PM
Coronavirus, repo market and the reserve rate: What to watch this week from the Fed
Reuters - 1:55PM
Countdown to recession: What an inverted yield curve means
Calculated Risk Blog - 10:57AM
Richmond Fed: Manufacturing Activity Rebounded in January
CNBC - 10:08AM
US consumer confidence jumps in January to 131.6, vs 128 expected
CNBC - 9:13AM
US core capital goods orders post biggest drop in 8 months
CNBC - 8:05AM
Treasury yields tick higher ahead of Fed meeting
Reuters - 8:04AM
For Fed, 'material reassessment' may be in eye of beholder
Reuters - 8:03AM
Asian shares, bond yields fall as deadly coronavirus spreads

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.56%

+0.01

15 Yr FRM

3.20%

+0.01

FHA 30 Year Fixed

3.33%

+0.00

Jumbo 30 Year Fixed

3.66%

+0.01

5/1 Yr ARM

3.39%

+0.01

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

0.00%

0.00

+0.00

30 Yr. Fixed

0.00%

0.00

+0.00

MBA **

30 Yr. Fixed

3.87%

0.27

+0.00

15 Yr. Fixed

3.25%

0.22

-0.05

30 Yr. Jumbo

3.87%

0.21

+0.04

30 Yr. FHA

3.87%

0.25

+0.00

5/1 ARM

3.29%

0.25

-0.06

Freddie Mac **

30 Yr. Fixed

3.60%

0.80

-0.05

15 Yr. Fixed

3.04%

0.80

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.28%

0.30

-0.11

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

101.95

-0.03

30YR FNMA 3.5

103.11

0.00

30YR GNMA 3.0

103.64

+1.00

30YR GNMA 3.5

103.91

+0.08

15YR FNMA 3.0

102.70

-0.02

15YR FNMA 2.5

101.39

0.00

Treasuries

Yield

Change

2 YR

1.4685%

+0.0214

5 YR

1.4840%

+0.0393

10 YR

1.6614%

+0.0568

30 YR

2.1159%

+0.0538

Prices as of: 1/28/2020 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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