Beware the Bounce; Rates are Actually Higher This Week; Fewer Buyers

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30 Year Fixed

                                                                3.57%
                                                                  
                                                                +0.11

15 Year Fixed

                                                                3.25%
                                                                  
                                                                +0.06

10YR Treasury

                                                                1.57%
                                                                  
                                                                +0.0963

FNMA 30YR 3.5

                                                                102.66
                                                                  
                                                                -0.20

FNMA 15YR 2.5

                                                                102.52
                                                                  
                                                                -0.17

View Today's Rates

Thursday September 5, 2019

MBS Commentary - 10:00AM

MBS Day Ahead: Beware the Bounce

In the day just passed, the bond market endured a bit of selling pressure courtesy of various overseas developments and an onslaught of corporate bond issuance. Treasuries were resilient ...

Mortgage Rate Watch - 3:50PM

Mortgage Rates Are Higher (Not Lower) Versus Last Week

Mortgage rates walked back a decent chunk of their recent improvements today. This claim runs counter to almost any other coverage you'll see, but I'm right and they're wrong. Actually ...

MND NewsWire - 11:24AM

Fewer Prospective Home Buyers Are Actively in the Market

Fewer prospective homeowners are making the move from thinking about buying to actively shopping than a year ago, according to a new study by the National Association of Home Builders ...

MND NewsWire - 10:58AM

Equity Lending Faces Mixed Future

A new study by the Mortgage Bankers Association (MBA) looks at lending and servicing of home equity lines of credit (HELOCs) and closed-end home equity loans (HE Loans.) The study finds ...

Latest Video

Recession thoughts move to back burner ahead of Friday jobs report

To cut or not to cut: Fed officials divided on outlook

ADP August payrolls rise by 195,000. Here's what that means for the economy

More News from 'Around the Web'

Bloomberg - 4:22PM
Trump's Fannie-Freddie Redo Faces âReality' Limits, Beacon Says
CNBC - 3:40PM
The Fed is expected to cut rates only a quarter point, and that may not satisfy markets
Bloomberg - 3:39PM
Bond Bulls Get Big Reminder That Treasuries Aren't One-Way Trade - Bloomberg
CNBC - 2:10PM
Opendoor, online house-flipper, buys title company OS National in bid to own more of residential real estate market
Bloomberg - 2:09PM
Shiller Says U.S. Home Prices Could Start Falling - Bloomberg
Calculated Risk Blog - 10:20AM
ISM Non-Manufacturing Index increased to 56.4% in August
www.consumerfinancemonitor.com - 9:49AM
The Fed's entry into real-time payments: commercial and contractual implications
CNBC - 8:39AM
US second-quarter productivity unrevised at 2.3%
CNBC - 8:22AM
China and US agree to meet in October for trade negotiations
CNBC - 8:21AM
Private payroll growth jumps by 195,000 in August vs. 140,000 estimate: ADP/Moody's
CNBC - 8:05AM
The Fed will cut rates by a quarter point this month, not a half point, WSJ says
Reuters - 8:03AM
Apple places $7 billion in return to bond market

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.57%

+0.11

15 Yr FRM

3.25%

+0.06

FHA 30 Year Fixed

3.25%

+0.00

Jumbo 30 Year Fixed

3.65%

+0.05

5/1 Yr ARM

3.40%

+0.06

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

3.49%

0.50

-0.09

15 Yr. Fixed

3.00%

0.60

-0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.30%

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

101.91

-0.31

30YR FNMA 3.5

102.66

-0.20

30YR GNMA 3.0

103.16

-0.30

30YR GNMA 3.5

103.94

-0.22

15YR FNMA 3.0

102.52

-0.17

15YR FNMA 2.5

101.33

-0.25

Treasuries

Yield

Change

2 YR

1.5361%

+0.1002

5 YR

1.4374%

+0.1160

10 YR

1.5670%

+0.0963

30 YR

2.0570%

+0.0731

Prices as of: 9/5/2019 4:36PM 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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