Today's Mortgage Rates
The Mortgage News Daily rate index is published daily (weekdays) around 4PM EST. Learn About Our Rate Survey
Updated weekdays at aprox 4PM EST.
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
moved down slightly
today. This will likely result in minimal impact on mortgage rates today.
This tool provides an idea of the underlying trends
in MBS that may influence mortgage rates today.
It is not intended to forecast lender rate changes.
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Mortgage Rate Watch
(5/3) -
It was an action-packed week for the housing and mortgage market. Wednesday's Fed announcement was the highlight, but we also got several economic reports that caused rate volatility. Thankfully, it was mostly the good kind.
The week got off to a slightly stronger start with Monday's only major... (continue reading)
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| Rate | Points | Change | |
|---|---|---|---|
|
5/6/24
Mortgage News Daily - daily
|
|||
| 30 Yr. Fixed | 7.25% | -- | -0.03% |
| 15 Yr. Fixed | 6.68% | -- | -0.07% |
| 30 Yr. Jumbo | 7.45% | -- | -0.03% |
| 7/6 SOFR ARM | 7.32% | -- | -0.03% |
| 30 Yr. FHA | 6.64% | -- | -0.06% |
| 30 Yr. VA | 6.65% | -- | -0.07% |
|
5/2/24
Freddie Mac - weekly
|
|||
| 30 Yr. Fixed | 7.22% | 0.00 | +0.05% |
| 15 Yr. Fixed | 6.47% | 0.00 | +0.03% |
|
4/24/24
MBA - weekly
|
|||
| 30 Yr. Fixed | 7.24% | 0.66 | +0.11% |
| 15 Yr. Fixed | 6.75% | 0.64 | +0.11% |
| 30 Yr. FHA | 7.01% | 0.94 | +0.11% |
| 30 Yr. Jumbo | 7.45% | 0.56 | +0.05% |
| 7/6 SOFR ARM | 6.64% | 0.87 | +0.12% |
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
moved down slightly
today. This will likely result in minimal impact on mortgage rates today.
| Change | 52 Week Range | |||||||
|---|---|---|---|---|---|---|---|---|
| Rate | Points | Previous | 1 Year | Low | High | |||
|
as of 5/6/24
Mortgage News Daily - updated daily
|
||||||||
| 30 Yr. Fixed | 7.25% | -- | -0.03% | +0.75% | 6.49% |
|
8.03% |
|
| 15 Yr. Fixed | 6.68% | -- | -0.07% | +0.74% | 5.90% |
|
7.35% |
|
| 30 Yr. Jumbo | 7.45% | -- | -0.03% | +1.18% | 6.34% |
|
8.09% |
|
| 7/6 SOFR ARM | 7.32% | -- | -0.03% | +0.59% | 6.11% |
|
7.55% |
|
| 30 Yr. FHA | 6.64% | -- | -0.06% | +0.49% | 6.00% |
|
7.44% |
|
| 30 Yr. VA | 6.65% | -- | -0.07% | +0.47% | 6.02% |
|
7.46% |
|
|
as of 5/2/24
Freddie Mac - updated weekly
|
||||||||
| 30 Yr. Fixed | 7.22% | 0.00 | +0.05% | +0.79% | 6.35% |
|
7.79% |
|
| 15 Yr. Fixed | 6.47% | 0.00 | +0.03% | +0.76% | 5.75% |
|
7.03% |
|
|
as of 4/24/24
Mortgage Bankers Association - updated weekly
|
||||||||
| 30 Yr. Fixed | 7.24% | 0.66 | +0.11% | +0.81% | 6.48% |
|
7.90% |
|
| 15 Yr. Fixed | 6.75% | 0.64 | +0.11% | +0.86% | 5.91% |
|
7.14% |
|
| 30 Yr. FHA | 7.01% | 0.94 | +0.11% | +0.68% | 6.39% |
|
7.57% |
|
| 30 Yr. Jumbo | 7.45% | 0.56 | +0.05% | +1.17% | 6.33% |
|
7.80% |
|
| 7/6 SOFR ARM | 6.64% | 0.87 | +0.12% | +1.08% | 5.35% |
|
6.99% |
|
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