Compared to yesterday, mortgage rates are either a little bit higher or lower depending on the lender at the moment. On average, they've inched just past last Friday's levels, meaning they're the lowest in 2 weeks . As nice as that sounds, it's worth noting that we're really splitting hairs here. Most anyone pricing out a mortgage right now won't see any difference in their rate quote over the past few days. The biggest drop occurred last Friday and we haven't seen appreciable movement since then. Most lenders continue to quote conventional 30yr fixed rates in a range of 4.0-4.25% for top tier scenarios, with 4.125% being the most prevalent. 4.0% is the runner-up and the laggards are still up at 4.25%. In the bigger picture , we've been looking for confirmation that the recent trend toward

May 16, 2017 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Back at 2-Week Lows Compared to yesterday, mortgage rates are either a little bit higher or lower depending on the lender at the moment. On average, they've inched just past last Friday's levels, meaning they're the lowest in 2 weeks . As nice as that sounds, it's worth... (read more) Housing News April Permits, Starts, Slip from March Levels All three residential construction measures for April were lower than those in March. The Census Bureau and the Department of Housing and Urban Development said housing permits, starts, and completions all declined on a month-over-month basis but all... (read more) MBS Commentary MBS Live Day Ahead: Sideways Momentum The Risk as Stocks Threaten Breakout I'll be one of the first to tell you that traditional concept of stock prices moving in the same direction in bond yields breaks down when viewing longer time frames.  But in the shorter term, we frequently see them paying attention to each ot... (read more) Rob Chrisman State-Level Changes; Upcoming Events and Training In compensation news, Merrill Lynch's wealth management unit will discontinue signing bonuses for experienced brokers beginning June 1, instead focusing recruitment efforts on attracting and training young professionals. The move is calculated to att... (read more) Mortgage Rate Watch Mortgage Rates Mostly Hold Last Week's Gains Mortgage rates were s teady to slightly higher today, largely maintaining the improvements seen last week. Underlying financial markets were calm and very few lenders adjusted rate sheets during the day. Last week's gains happened all at once on Frid... (read more) MBS Commentary MBS Live Recap: Slow Start to Week; Still Waiting For Firmer Confirmation Last week ended with the hope that rates were breaking below the uptrend that had been in place since mid-April.  Certainly, if we had to judge that breakout from one day's trading, Friday was enough to get us well clear of the trend.  As... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.73% +0.06% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.73% +0.06 0.00 15 Yr. Fixed 5.97% +0.06 0.00 30 Yr. FHA 6.25% +0.06 0.00 30 Yr. Jumbo 6.84% +0.04 0.00 7/6 SOFR ARM 6.33% +0.04 0.00 30 Yr. VA 6.26% +0.06 0.00 Updates Daily - Last Update: 7/2 15 Yr. Fixed Rate 5.97% +0.06% Rate Change Points Freddie Mac 30 Yr. Fixed 6.77% -0.04 0.00 15 Yr. Fixed 5.89% -0.07 0.00 Updates Weekly - Last Update: 6/26 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.88% +0.04 0.63 15 Yr. Fixed 6.11% -0.03 0.74 30 Yr. Jumbo 6.88% +0.07 0.60 Updates Weekly - Last Update: 6/25 MBS / Treasuries UMBS 30YR 5.5 99.91 +0.07 Price / Yield Change MBS UMBS 5.5 99.92 +0.07 UMBS 6.0 101.62 +0.06 GNMA 5.5 100.06 +0.10 GNMA 6.0 101.47 +0.06 Pricing as of: 7/3 7:30AM EST 10 Year US Treasury 4.2641 -0.0157 Price / Yield Change US Treasury 2 YR Treasury 3.763 -0.025 5 YR Treasury 3.845 -0.022 7 YR Treasury 4.035 -0.021 10 YR Treasury 4.262 -0.018 30 YR Treasury 4.792 -0.017 Pricing as of: 7/3 7:30AM EST Latest Video Santelli Exchange: Fund flows and the economy April industrial production up 1.0% vs. 0.4% (est.) April housing starts down 2.6% Around the Web Freddie Mac Expanded Freddie Mac AIMI(SM) Shows Seasonal Slowdown; Continued Strength of Multifamily Market NAR - Realtor.com What Slowing New Home Construction Means for the Housing Market Bloomberg New Way to Short Home Loans May Give a Boost to Mortgage-Bond Market CNBC Home builders are targeting millennials but it will hit their margins Reuters Democrats in U.S. Senate try to slow Republican deregulation Calculated Risk Blog MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased CNBC Are you confused by Russia and Trump? Here's everything that happened over the last week CNBC The salary you need to afford a home in 20 major US cities Reuters S&P, Nasdaq open at record intraday highs CNBC US industrial production rose 1.0% in April vs. 0.4% increase expected CNBC US housing starts fell 2.6% in April Gallup Americans' Confidence in Economy at Post-Election Low builderonline.com More and More Renters Choosing Suburbs Instead of Cities, Survey Finds

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