Low Rates Help Home Purchase Sentiment Hold Near Highs; Potential Momentum Shift For Bonds

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30 Year Fixed

                                                                3.79%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.54%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.05%
                                                                  
                                                                +0.0086

FNMA 30YR 3.5

                                                                102.27
                                                                  
                                                                0.00

FNMA 15YR 2.5

                                                                101.86
                                                                  
                                                                -0.05

View Today's Rates

Monday July 8, 2019

MND NewsWire - 3:38PM

Low Rates Help Home Purchase Sentiment Hold Near Highs

Consumers are beginning to buy into the idea that mortgage rates might go down, at least according to responses to the June National Housing Survey (NHS) . However, that may not mean ...

Mortgage Rate Watch - 5:28PM

Mortgage Rates Under Some Pressure

Mortgage rates began the day in slightly lower territory compared to last Friday afternoon, but they'd risen noticeably from Wednesday to Friday. The recovery seen this morning wasn ...

MBS Commentary - 9:13AM

MBS Day Ahead: Momentum Shift Confirmation

In the week just past, bonds rallied hard into the Independence Day holiday. 10yr yields hit fresh multi-year lows before getting slammed by a jobs report that came out much stronger ...

Pipeline Press - 8:55AM

Warehouse, Non-Jumbo, MI Products; Capital Markets Update

Welcome to “Work from Bed Day” around the nation. Okay, I just made that up, but it sounds enticing. Perhaps it would lead to greater worker satisfaction. Plenty of lenders ...

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More News from 'Around the Web'

Reuters - 3:31PM
Stocks fall on dimming prospects for sharp U.S. rate cut
www.redfin.com - 3:30PM
10 Steps to Protect Your Home While on Summer Vacation
CNBC - 12:04PM
Rental demand soars as more millennials believe it's cheaper than owning a home
Calculated Risk Blog - 9:56AM
Merrill: "Data cools call for July cuts"
CNBC - 9:26AM
Art Laffer says the Federal Reserve should be controlled by the president and Congress
www.builderonline.com - 8:45AM
Condo/Hotel Hybrid Arrives in Austin and Miami
Reuters - 8:05AM
Fed easing could prompt first China rate cut in four years: analysts
Reuters - 8:04AM
Global shares muted as prospect of sharp U.S. rate cut fades
Bloomberg - 8:03AM
ECB Plan to Modernize Bond Sales Gets Cool Reception From Banks

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.79%

-0.02

15 Yr FRM

3.54%

-0.01

FHA 30 Year Fixed

3.55%

+0.00

Jumbo 30 Year Fixed

3.86%

-0.02

5/1 Yr ARM

3.63%

-0.03

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

4.07%

0.36

+0.01

15 Yr. Fixed

3.42%

0.32

+0.02

30 Yr. Jumbo

4.00%

0.25

+0.00

30 Yr. FHA

3.97%

0.30

-0.04

5/1 ARM

3.46%

0.26

-0.04

Freddie Mac **

30 Yr. Fixed

3.73%

0.50

-0.11

15 Yr. Fixed

3.16%

0.50

-0.09

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.39%

0.40

-0.09

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

100.78

-0.06

30YR FNMA 3.5

102.27

0.00

30YR GNMA 3.0

102.06

-0.02

30YR GNMA 3.5

103.30

-0.02

15YR FNMA 3.0

101.86

-0.05

15YR FNMA 2.5

100.56

-0.06

Treasuries

Yield

Change

2 YR

1.8880%

+0.0206

5 YR

1.8540%

+0.0166

10 YR

2.0476%

+0.0086

30 YR

2.5318%

-0.0123

Prices as of: 7/8/2019 5:06PM 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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