Fannie and Freddie Allowed to Make Money Again; Mortgage Rates Lowest in Weeks

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30 Year Fixed

                                                                3.72%
                                                                  
                                                                -0.03

15 Year Fixed

                                                                3.35%
                                                                  
                                                                -0.04

10YR Treasury

                                                                1.67%
                                                                  
                                                                -0.0190

FNMA 30YR 3.5

                                                                102.61
                                                                  
                                                                +0.13

FNMA 15YR 2.5

                                                                102.20
                                                                  
                                                                +0.20

View Today's Rates

Monday September 30, 2019

Mortgage Rate Watch - 4:35PM

Mortgage Rates Lowest in Weeks

Mortgage rate movement was fairly uneventful last week. The bond market (which is most directly responsible for driving day-to-day changes in mortgages rates) was focused on consolidating ...

MND NewsWire - 2:56PM

Fannie and Freddie Allowed to Make Money Again

On Monday the government slightly loosened the leash on which it has held the two government sponsored enterprises (GSEs) for more than 11 years . In a letter signed by Treasury Secretary ...

MBS Commentary - 9:53AM

MBS Week Ahead: Range Breakout Guaranteed as Data and Calendar Collide

In the week just passed, the bond market committed to a perfectly sideways consolidation pattern after having moved down from the highest yields in more than a month. There were a few ...

MND NewsWire - 8:47AM

Sales, Management Jobs; Study on Helping Borrowers; The Fed and The Election

The final day of Q3 already… Aside from F1 drivers, did you know that Ferrari employees are not allowed to buy Ferrari cars? The exotic car market certainly has its own price ...

Latest Video

Bar set so low, there's potential for market euphoria in Q4: Stovall

The Fed accepts $63.5 billion in overnight repo operation

Markets are not as focused on Fed repo as much as they should: Art Cashin

More News from 'Around the Web'

CNBC - 4:22PM
New York judge dismisses blue state suit over SALT tax deductions
Calculated Risk Blog - 1:14PM
Chicago PMI "Drifts to 47.1 in September", Lowest Quarter since 2009
Reuters - 1:13PM
U.S. allows Fannie Mae, Freddie Mac to start keeping profits
CNBC - 11:25AM
Fed has quieted bank funding market but still faces pressure to fix it
Bloomberg - 9:52AM
US Economy Slowing, Economist Shepherdson Says - Bloomberg
www.builderonline.com - 9:15AM
D.C. Millennials Have the Highest Mortgage Debt in the U.S.
Reuters - 8:32AM
Explainer: What delisting Chinese firms from U.S. stock markets could mean
Reuters - 8:01AM
Snapback to higher bond yields? At least five years, strategists say
CNBC - 8:01AM
Fed's Charles Evans says 'open-minded' about right level for interest rates

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.72%

-0.03

15 Yr FRM

3.35%

-0.04

FHA 30 Year Fixed

3.40%

-0.04

Jumbo 30 Year Fixed

3.73%

-0.02

5/1 Yr ARM

3.38%

-0.02

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

3.64%

0.60

-0.09

15 Yr. Fixed

3.16%

0.50

-0.05

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.38%

0.40

-0.11

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

101.53

+0.14

30YR FNMA 3.5

102.61

+0.13

30YR GNMA 3.0

102.70

+0.20

30YR GNMA 3.5

103.98

+0.28

15YR FNMA 3.0

102.20

+0.20

15YR FNMA 2.5

100.86

+0.13

Treasuries

Yield

Change

2 YR

1.6257%

-0.0118

5 YR

1.5456%

-0.0180

10 YR

1.6680%

-0.0190

30 YR

2.1140%

-0.0167

Prices as of: 9/30/2019 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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