Maybe Home Prices Aren't in Trouble After All; Rates Lift Off (For Now)

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30 Year Fixed

                                  2.83%
                                    
                                  +0.02

15 Year Fixed

                                  2.39%
                                    
                                  +0.01

10YR Treasury

                                  0.55%
                                    
                                  +0.0376

FNMA 30YR 3.5

                                    105.38
                                      
                                    -0.11

FNMA 15YR 2.5

                                    104.91
                                      
                                    -0.08

View Today's Rates

Wednesday August 5, 2020

MND NewsWire - 9:58AM

Maybe Home Prices Aren't in Trouble After All?

Home prices increased in June at the fastest pace in more than seven years. CoreLogic said its Home Price Index (HPI) rose 1.0 percent from May, the largest month-over-month gain since ...

MND NewsWire - 8:20AM

Mortgage Application Volume Pulls Back For Second Consecutive Week

Mortgage application volume declined during the week ended July 31 even as mortgage interest rates reached another all-time low. The Mortgage Bankers Association (MBA) said its Market ...

Mortgage Rate Watch - 5:18PM

Rates End 6-Day Streak at Record Lows

Mortgage rates cooled off today, rising for the first time since July 27th for the average lender. Between now and then we've seen a string of what have mostly been new record lows ...

MBS Commentary - 4:07PM

MBS RECAP: Is The Rally Meeting Resistance or Just Consolidation?

Is The Rally Meeting Resistance or Just Consolidation? With modest overnight weakness and a small negative reaction to this morning's headlines (ADP and Treasury issuance), bonds may ...

Latest Video

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July ISM services beats expectations at 58.1, highest since February 2019

More News from 'Around the Web'

CNBC - 4:09PM
Just 36% of parents want full-time in-person schools this fall
The Basis Point - 3:19PM
Will Zillow buy my house? Yes, Zillow resumes buying in 24 cities after COVID pause.
eyeonhousing.org - 11:00AM
Business Application Shows Growth in Q2 2020
Calculated Risk Blog - 10:28AM
ISM Services Index increased to 58.1% in July, Employment Index Declined
CNBC - 9:41AM
Fed Vice Chair Clarida still sees the economy staging a comeback this year
Calculated Risk Blog - 8:47AM
Trade Deficit decreased to $50.7 Billion in June
www.redfin.com - 8:47AM
Survey: 25% of Homebuyers Are MovingOr Moving Sooner Than PlannedBecause of the Pandemic
CNBC - 8:21AM
Private payrolls grow by 167,000 in July, well below expectations
CNBC - 8:05AM
Moderna second-quarter revenue jumps fivefold on coronavirus vaccine development

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

2.83%

+0.02

15 Yr FRM

2.39%

+0.01

FHA 30 Year Fixed

2.25%

+0.00

Jumbo 30 Year Fixed

3.63%

-0.02

5/1 Yr ARM

2.75%

+0.00

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

3.14%

0.39

-0.06

15 Yr. Fixed

2.73%

0.37

-0.03

30 Yr. Jumbo

3.51%

0.33

-0.01

30 Yr. FHA

3.27%

0.42

+0.00

5/1 ARM

3.09%

-0.03

+0.01

Freddie Mac **

30 Yr. Fixed

2.99%

0.80

-0.02

15 Yr. Fixed

2.51%

0.70

-0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.94%

0.40

-0.15

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 UMBS 3.0

105.72

-0.19

30YR UMBS 3.5

105.38

-0.11

30YR GNMA 3.0

105.20

-0.13

30YR GNMA 3.5

104.92

-0.09

15YR UMBS 3.0

104.91

-0.08

15YR UMBS 2.5

105.14

-0.06

Treasuries

Yield

Change

2 YR

0.1191%

+0.0099

5 YR

0.2232%

+0.0315

10 YR

0.5494%

+0.0376

30 YR

1.2255%

+0.0361

Prices as of: 8/5/2020 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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