Housing Market Coming off "The Patch." What's That? And What's Next?

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30 Year Fixed

                                                                3.91%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.56%
                                                                  
                                                                +0.01

10YR Treasury

                                                                2.07%
                                                                  
                                                                -0.0090

FNMA 30YR 3.5

                                                                102.31
                                                                  
                                                                +0.03

FNMA 15YR 2.5

                                                                101.81
                                                                  
                                                                -0.02

View Today's Rates

Friday July 26, 2019

MND NewsWire - 11:44AM

CFPB Says Patch is Going Away but Asks "What Next?"

The Consumer Financial Protection Bureau (CFPB) has issued an Advance Notice of Proposed Rulemaking (ANPR) regarding the expiration of the so-called GSE Patch. The provision is scheduled ...

Mortgage Rate Watch - 3:54PM

Big Week Ahead For Mortgage Rates

Mortgage rates edged just slightly higher today for the average lender, marking the 2nd day of weakness this week. In terms of the underlying bond market, however, today was purely ...

MBS Commentary - 9:37AM

MBS Day Ahead: Is a New Trend Taking Shape?

In the day just passed, bonds gyrated in response to (and in anticipation of) updates from the European Central Bank (ECB). Anticipation for a friendly announcement took rates lower ...

Pipeline Press - 10:19AM

Appraisal, Sales Products; QM Patch and Non-QM News in the Primary and Secondary Markets

You should become, if you’re not already, familiar with the term “Advance Notice of Proposed Rulemaking (ANPR).” The Consumer Financial Protection Bureau issued an ...

Latest Video

Santelli Exchange: Fear and loathing in the bond market

White House's Larry Kudlow on slowing GDP growth: This hasn't been easy with seven rate hikes

Here's how the Fed might react to the Q2 real GDP data

More News from 'Around the Web'

CNBC - 3:47PM
Southern California home sales see weakest June in 5 years, as prices hit new record
CNBC - 3:02PM
The Fed is about to cut rates to protect the economy, even though most signs are strong
Bloomberg - 1:36PM
ECB Survey Sees Long-Term Inflation Outlook at Record Low
Calculated Risk Blog - 12:34PM
Real GDP Annual and Quarterly
CNBC - 12:06PM
This is the 'fastest growing trend' in the housing industry, and investors are rushing in
Bloomberg - 2:13PM
Amazon Partnership Targets Home Buyers
CNBC - 11:24AM
Strong consumer spending vs. weak business investment: What really matters for the US economy
Reuters - 10:51AM
Trump's ambitious Fannie, Freddie overhaul faces hurdles
www.builderonline.com - 9:00AM
Zero-Down Loans Making a Comeback
CNBC - 8:37AM
US GDP up 2.1% in second-quarter, vs 2% growth expected
CNBC - 8:05AM
US Treasury yields rise ahead of GDP data
Bloomberg - 8:04AM
For Traders, Draghi Wasn't Dovish Enough as Rate Cut Priced In
Bloomberg - 8:02AM
The Central Bank Punishing Lenders That Won't Lend

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.91%

+0.03

15 Yr FRM

3.56%

+0.01

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.91%

+0.01

5/1 Yr ARM

3.70%

+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

4.12%

0.38

+0.08

15 Yr. Fixed

3.48%

0.32

+0.06

30 Yr. Jumbo

4.07%

0.21

+0.04

30 Yr. FHA

4.01%

0.28

+0.04

5/1 ARM

3.58%

0.27

+0.02

Freddie Mac **

30 Yr. Fixed

3.75%

0.50

-0.06

15 Yr. Fixed

3.18%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.47%

0.40

-0.01

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

100.72

+0.03

30YR FNMA 3.5

102.31

+0.03

30YR GNMA 3.0

102.05

-0.05

30YR GNMA 3.5

103.44

0.00

15YR FNMA 3.0

101.81

-0.02

15YR FNMA 2.5

100.34

-0.03

Treasuries

Yield

Change

2 YR

1.8599%

-0.0081

5 YR

1.8535%

-0.0083

10 YR

2.0738%

-0.0090

30 YR

2.5958%

-0.0132

Prices as of: 7/26/2019 5:07PM 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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