Purchase Volume Falls Slightly From 9-Year High; Smaller Loans More Risky?

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30 Year Fixed

                                                                4.28%
                                                                  
                                                                -0.08

15 Year Fixed

                                                                3.97%
                                                                  
                                                                -0.09

10YR Treasury

                                                                2.52%
                                                                  
                                                                -0.0505

FNMA 30YR 3.5

                                                                100.89
                                                                  
                                                                +0.22

FNMA 15YR 2.5

                                                                100.48
                                                                  
                                                                +0.17

View Today's Rates

Wednesday April 24, 2019

MND NewsWire - 10:45AM

Urban Institute Debunks Myth of Risky Small-Dollar Loans

Conventional wisdom, according to the Urban Institute (UI), holds that small mortgages are riskier than large ones. That may be one reason that only one out of four homes sold for ...

MND NewsWire - 8:11AM

Purchase Volume Takes a Hit, Responding to Rising Interest Rates

Rising interest rates continued to take a toll on mortgage applications during the week ended April 19. Even purchase mortgage volume fell victim to the increasing rates after rising ...

Mortgage Rate Watch - 4:39PM

Mortgage Rates Drop to Lowest Levels in More Than a Week

Mortgage rates moved lower at their best pace in several weeks today, with the average lender making it back to levels not seen since April 12th. The gains were bigger than normal for ...

MBS Commentary - 9:19AM

MBS Day Ahead: Add Australia to The List of Overseas Economies Moving Markets

We can go years at a time without so much as a mention of Australia--at least not as it relates to the global economy. But now for the 2nd time in as many weeks, we've seen a noticeable ...

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More News from 'Around the Web'

eyeonhousing.org - 5:06PM
FHA-Backed Mortgages Finance Increasing Share of New Home Sales
Bloomberg - 5:05PM
Mortgage Traders Breathe Easier as the Risk of a Refinancing Wave Ebbs
eyeonhousing.org - 3:09PM
Conventional Mortgages Outpace Government Mortgages for Purchase
www.builderonline.com - 1:59PM
Short Term Rentals Spark Lawsuit in Bend Ore.
CNBC - 1:59PM
Trump's Fed pick Moore in trouble again, once called Cincinnati and Cleveland 'armpits of America'
www.realtor.com - 1:56PM
Fannie and Freddie's Uncertain Future, Explained
Calculated Risk Blog - 11:46AM
Philly Fed: State Coincident Indexes increased in 37 states in March
CNBC - 11:09AM
Uneven housing recovery persists, with some markets still behind their pre-recession peak
CNBC - 8:52AM
Maybe inflation is not dead as many major companies say they are raising prices

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.28%

-0.08

15 Yr FRM

3.97%

-0.09

FHA 30 Year Fixed

4.00%

-0.02

Jumbo 30 Year Fixed

4.18%

-0.09

5/1 Yr ARM

4.07%

-0.05

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

4.22%

1.43

-0.12

30 Yr. Fixed

4.78%

1.18

-0.20

MBA **

30 Yr. Fixed

4.67%

0.00

+0.02

15 Yr. Fixed

0.00%

0.00

-4.00

30 Yr. Jumbo

0.00%

0.00

-4.40

30 Yr. FHA

0.00%

0.00

-4.64

5/1 ARM

0.00%

0.00

-3.95

Freddie Mac **

30 Yr. Fixed

4.17%

0.50

+0.05

15 Yr. Fixed

3.62%

0.50

+0.02

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.78%

0.30

-0.02

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

98.78

+0.25

30YR FNMA 3.5

100.89

+0.22

30YR GNMA 3.0

99.86

+0.19

30YR GNMA 3.5

101.64

+0.19

15YR FNMA 3.0

100.48

+0.17

15YR FNMA 2.5

98.89

+0.20

Treasuries

Yield

Change

2 YR

2.3198%

-0.0441

5 YR

2.3119%

-0.0491

10 YR

2.5181%

-0.0505

30 YR

2.9359%

-0.0457

Prices as of: 4/24/2019 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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