Mortgage Banks Shattered Profit Records; Delinquencies Improve; Rates Near 1-Month Lows

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30 Year Fixed

                                  3.25%
                                    
                                  -0.03

15 Year Fixed

                                  2.72%
                                    
                                  -0.02

10YR Treasury

                                  1.62%
                                    
                                  -0.0495

View Today's Rates

Tuesday April 13, 2021

Mortgage Rate Watch - 4:04PM

Mortgage Rates Lowest in Nearly a Month

Slow and steady wins the race, and mortgage rates have been making slow, steady progress back down from recent long-term highs seen at the end of March. Over that time, the average ...

MND NewsWire - 2:56PM

Mortgage Banks Report 2020 Financials Shattered Last Years Records

While most of us couldn't wait for 2020 to be over, it turns out to have been a superlative year for mortgage originators. The Mortgage Bankers Association's (MBA's) annual Mortgage ...

MND NewsWire - 11:08AM

Delinquencies Post Fifth Month of Improvement

The national delinquency rate posted its fifth consecutive decline in January, retreating to the lowest level since the start of the pandemic. CoreLogic says 5.6 percent of all mortgages ...

MBS Commentary - 4:03PM

MBS RECAP: Strong Showing With Help From Vaccine Drama and a Solid Bond Auction

Strong Showing With Help From Vaccine Drama and a Solid Bond Auction The day began with bonds falling back to yesterday's range after rising in the overnight session. Concerns over ...

Latest Video

Coldwell Banker CEO on whether the housing market is in a bubble

The 9am Bond Report - April 13, 2021

Brian Sullivan's RBI: The red-hot housing market

More News from 'Around the Web'

Reuters - 2:15PM
Global share markets rise after U.S. inflation remains contained
Calculated Risk Blog - 1:46PM
Portland Real Estate in March: Sales Up 8% YoY, Inventory Down 54% YoY
CNBC - 11:36AM
'When is the housing market going to crash?' is a red hot search on Google here's why
Calculated Risk Blog - 11:35AM
Cleveland Fed: Key Measures Show Small Uptick in Inflation in March
CNBC - 9:59AM
Don't 'overinterpret' decision to pause J&J Covid vaccine over rare clotting issue, Dr. Scott Gottlieb says
CNBC - 8:46AM
Consumer prices rise more than expected as recovery heats up
CNBC - 8:11AM
Treasury yields are flat ahead of key inflation report
Reuters - 8:10AM
U.S. calls for pause on Johnson & Johnson's COVID-19 vaccine

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.25%

-0.03

15 Yr FRM

2.72%

-0.02

FHA 30 Year Fixed

2.75%

+0.00

Jumbo 30 Year Fixed

3.32%

-0.01

5/1 Yr ARM

2.64%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

0.00%

0.00

+0.00

30 Yr. Fixed

0.00%

0.00

+0.00

MBA **

30 Yr. Fixed

3.48%

0.42

+0.20

15 Yr. Fixed

2.82%

0.40

+0.15

30 Yr. Jumbo

3.53%

0.43

+0.19

30 Yr. FHA

3.47%

0.41

+0.22

5/1 ARM

2.95%

0.44

+0.13

Freddie Mac **

30 Yr. Fixed

3.13%

0.70

-0.05

15 Yr. Fixed

2.42%

0.60

-0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.92%

0.10

+0.08

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 UMBS 2.0

100.69

+0.34

30YR UMBS 2.5

103.31

+0.41

30YR GNMA 2.0

101.78

+0.42

30YR GNMA 2.5

103.33

+0.41

15YR UMBS 2.0

103.13

+0.20

15YR UMBS 2.5

104.38

+0.14

Treasuries

Yield

Change

2 YR

0.1609%

-0.0079

5 YR

0.8370%

-0.0484

10 YR

1.6198%

-0.0495

30 YR

2.3016%

-0.0363

Prices as of: 4/13/2021 4:20PM 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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