Rates Move Higher; Pre-Fed Paralysis Despite Some Interesting Data

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30 Year Fixed

                                  3.12%
                                    
                                  +0.07

15 Year Fixed

                                  2.52%
                                    
                                  +0.08

10YR Treasury

                                  1.49%
                                    
                                  -0.0084

View Today's Rates

Tuesday June 15, 2021

MBS Commentary - 4:10PM

MBS RECAP: Pre-Fed Paralysis Despite Some Interesting Data

Pre-Fed Paralysis Despite Some Interesting Data Retail Sales down 1.3% and last month revised up to 0.9%? Core Producer Prices rising 0.7% in a single month (versus 0.5% forecasts) ...

MBS Commentary - 9:00AM

MBS Day Ahead: You'll Be Tired of Hearing About the Fed Soon

On weeks that close out with the big jobs report, an inordinate amount of headlines include a reference to the impending data. The same is true with Fed announcements. Please forgive ...

Mortgage Rate Watch - 4:15PM

Rates Moving Higher Ahead of Fed

Mortgage rates had a great week last week, ultimately getting very close to the lowest levels since March. One of the main sources of motivation was the market phenomenon known as a ...

Pipeline Press - 11:40AM

AE Jobs; Sec. Marketing, Training, Processing, Due Diligence, TPO Products

I was spending a little time yesterday evening at the local cannabis club with my favorite bud-tender (an ombudsman!), and she was telling me about how businesses are seeing a labor ...

Latest Video

Inflation is transitory, says Raymond James CIO

Some inflation is transitory, some isn't, says trader Stephanie Link

CNBC Fed Survey: First rate hike not expected until November 2022

More News from 'Around the Web'

www.nar.realtor - 4:53PM
Vacation Home Sales Surges During Pandemic
CNBC - 2:59PM
The Fed is heavily favored to stay the course with easy policies through 2021, CNBC survey shows
CNBC - 2:59PM
Rents for single-family homes just saw the largest gains in nearly 15 years
CNBC - 2:58PM
With eviction ban expiring in 14 days, many states have given out under 5% of rental assistance
CNBC - 2:58PM
Most professional investors agree with the Fed on inflation, Bank of America survey shows
Calculated Risk Blog - 12:26PM
Mortgage Equity Withdrawal in Q1 2021
Reuters - 10:49AM
Markets near record highs as Fed kicks off two-day policy meeting
Calculated Risk Blog - 10:49AM
NAHB: Builder Confidence Declined to 81 in May
Calculated Risk Blog - 9:51AM
Industrial Production Increased 0.8 Percent in May
Calculated Risk Blog - 8:56AM
Retail Sales Decreased 1.3% in May
CNBC - 8:39AM
Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record
Reuters - 8:05AM
Fed walks tightrope between big jobs gap and rising inflation

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.12%

+0.07

15 Yr FRM

2.52%

+0.08

FHA 30 Year Fixed

2.67%

+0.04

Jumbo 30 Year Fixed

3.18%

+0.06

5/1 Yr ARM

2.25%

+0.00

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

MBA **

30 Yr. Fixed

3.17%

0.30

-0.03

15 Yr. Fixed

2.55%

0.30

-0.10

30 Yr. Jumbo

3.28%

0.30

-0.06

30 Yr. FHA

3.12%

0.24

-0.03

5/1 ARM

2.59%

0.47

-0.08

Freddie Mac **

30 Yr. Fixed

2.96%

0.70

-0.03

15 Yr. Fixed

2.23%

0.60

-0.04

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

2.55%

0.20

-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 UMBS 2.0

100.92

+0.03

30YR UMBS 2.5

103.36

+0.05

30YR GNMA 2.0

101.67

+0.02

30YR GNMA 2.5

103.02

+0.08

15YR UMBS 2.0

103.14

-0.16

15YR UMBS 2.5

104.34

-0.09

Treasuries

Yield

Change

2 YR

0.1650%

+0.0040

5 YR

0.7790%

-0.0080

10 YR

1.4889%

-0.0084

30 YR

2.1850%

+0.0007

Prices as of: 6/15/2021 5:05PM 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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