Freddie's Short and Sort Of Sweet Forecast; Rates Much Lower This Week; NFP vs ISM

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30 Year Fixed

                                                                3.72%
                                                                  
                                                                +0.01

15 Year Fixed

                                                                3.38%
                                                                  
                                                                +0.01

10YR Treasury

                                                                1.71%
                                                                  
                                                                +0.0263

FNMA 30YR 3.5

                                                                102.67
                                                                  
                                                                -0.02

FNMA 15YR 2.5

                                                                102.41
                                                                  
                                                                +0.03

View Today's Rates

Friday November 1, 2019

Mortgage Rate Watch - 4:14PM

Mortgage Rates Steady Today, Much Lower This Week

Mortgage rates held steady today after moving sharply lower yesterday. "Sharply," in this context, means that many lenders saw rates move lower by as much as an eighth of a percentage ...

MBS Commentary - 5:24PM

MBS RECAP: Jobs Report and ISM Data Push Back, But Not Too Much

Bonds were stronger overnight, riding a wave of buying demand on the heels of yesterday's weak econ data and US/China trade deal uncertainty. Some market participants were said to be ...

MND NewsWire - 8:25AM

Freddie's Forecast; Short and Sort of Sweet

Freddie Mac's end-of-the-month forecast for October was exceptionally brief, perhaps in recognition that it has all been said before. The economy is strong but slowing, the labor market ...

MBS Commentary - 9:41AM

MBS Day Ahead: NFP vs ISM

Bonds rallied big yesterday on a combination of factors. These included a rejection of the Trump administration's claimed timeline for the US/China trade deal with sources citing Chinese ...

Latest Video

China says a consensus on trade deal principles has been reached with the US

ISM manufacturing misses expectations in October, 48.3 vs 49.1 expected

Booth: "October 2018 there was 250,000 jobs created, we're cutting that in half"

More News from 'Around the Web'

Reuters - 3:19PM
After year-long bumpy ride, Fed appears to make soft landing
eyeonhousing.org - 2:45PM
Private Residential Spending Rises in September
CNBC - 2:00PM
China says it's reached a consensus in principle with the US during this week's trade talks
Reuters - 1:40PM
Fed's Kaplan says he supported rate cut only if Fed signaled nothing further
Reuters - 1:19PM
Clarida says U.S. economy, Fed policy 'in a good place'
Reuters - 12:11PM
China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel
Calculated Risk Blog - 11:47AM
Construction Spending Increased in October, Down 2.0% YoY
Reuters - 11:17AM
No talks have taken place on ousting Fed's Powell: White House adviser
Reuters - 11:17AM
Fed's Kaplan says policy is appropriate, should now be patient
Reuters - 10:30AM
Fed's Clarida says the U.S. economy is in good place after rate cuts
CNBC - 10:03AM
October's ISM manufacturing index is 48.3, a worse-than-expected contraction
Reuters - 9:20AM
Phase one trade deal with China is in good shape: U.S. Commerce chief
Reuters - 9:20AM
Treasury yields jump after better-than-expected jobs report
CNBC - 8:32AM
US added 128,000 jobs in October, vs 75,000 expected
Bloomberg - 8:06AM
SNB Can't Get the Banks Off Its Back About Negative Rates
Bloomberg - 8:04AM
Trump Claims Americans 'Very Disappointed' in Powell and Fed

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.72%

+0.01

15 Yr FRM

3.38%

+0.01

FHA 30 Year Fixed

3.38%

+0.01

Jumbo 30 Year Fixed

3.80%

+0.01

5/1 Yr ARM

3.41%

+0.01

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

4.05%

0.37

+0.03

15 Yr. Fixed

3.40%

0.36

+0.01

30 Yr. Jumbo

4.01%

0.30

+0.05

30 Yr. FHA

3.83%

0.28

+0.04

5/1 ARM

3.43%

0.23

+0.14

Freddie Mac **

30 Yr. Fixed

3.78%

0.50

+0.03

15 Yr. Fixed

3.19%

0.60

+0.01

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.43%

0.40

+0.03

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

101.59

-0.02

30YR FNMA 3.5

102.67

-0.02

30YR GNMA 3.0

102.92

-0.06

30YR GNMA 3.5

103.97

-0.25

15YR FNMA 3.0

102.41

+0.03

15YR FNMA 2.5

101.06

-0.02

Treasuries

Yield

Change

2 YR

1.5540%

+0.0281

5 YR

1.5441%

+0.0262

10 YR

1.7138%

+0.0263

30 YR

2.1926%

+0.0192

Prices as of: 11/1/2019 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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