Wednesday September 18, 2019 Mortgage Rate Watch - 4:54PM HIGHER Mortgage Rates Despite Fed Rate CUT. Here's Why One of the greatest potential sources of confusion for prospective mortgage borrowers is the relationship between the Fed and mortgage rates. While the Fed's policy changes absolutely ... MBS Commentary - 2:02PM Differences Between Previous and Current FOMC Statements Information received since the Federal Open Market Committee met in June July indicates that the labor market remains strong and that economic activity has been rising at a moderate ... MND NewsWire - 10:23AM Housing Permits and Starts Hit Highest Levels in a Year August turns out to have been among the year's strongest periods for residential construction. While analysts had expected builders to shake off some of the lethargy that has dogged ... MND NewsWire - 8:10AM Higher Mortgage Rates Didn't Deter Purchase Loan Activity There was a jump in purchase mortgage applications during the week ended September 14 even as interest rates moved higher. The Mortgage Bankers Association (MBA) said its Market Composite ... MBS Day Ahead: Today's Fed Announcement is More Complicated Than Normal Pricing, Capital Markets Products; Vendor Tools and Capital Raise Latest Video More News from 'Around the Web' www.consumerfinancemonitor.com - 4:28PM CFPB addresses RESPA issue in its first no-action letter under the revised final policy Reuters - 3:12PM Instant view: Fed cuts rates again, gives mixed signals for next move Reuters - 3:10PM Trump on Fed: 'No 'guts,' no sense, no vision!' CNBC - 3:10PM Powell says it's possible the Fed will have to resume balance-sheet growth Reuters - 2:15PM Fed cuts rates on 7-3 vote, gives mixed signals on next move Calculated Risk Blog - 1:21PM AIA: "Substantial Decline in Architecture Billings" CNBC - 1:20PM 'Bond King' Gundlach says there is an increasing chance of a recession before 2020 election Reuters - 11:39AM Atlanta Fed model estimate for U.S. third-quarter GDP edges up to 1.9% Reuters - 9:31AM U.S. fed funds rate breaks above Fed's target range CNBC - 8:07AM US Treasury yields fall ahead of Fed decision Reuters - 8:05AM ECB weighs investigating Deutsche Bank over alleged unauthorized bond purchases: sources | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.79% | 1.21 | -0.12 | 30 Yr. Fixed | 4.39% | 1.12 | -0.22 |
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 |
30 Yr. Fixed | 3.56% | 0.50 | +0.07 | 15 Yr. Fixed | 3.09% | 0.50 | +0.09 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.36% | 0.30 | +0.06 | Current Mortgage Rates »* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets 30YR FNMA 3.0 | 101.05 | +0.06 | 30YR FNMA 3.5 | 102.33 | +0.06 | 30YR GNMA 3.0 | 102.31 | +0.06 | 30YR GNMA 3.5 | 103.53 | 0.00 | 15YR FNMA 3.0 | 101.91 | -0.06 | 15YR FNMA 2.5 | 100.45 | -0.03 |
2 YR | 1.7641% | +0.0331 | 5 YR | 1.6778% | +0.0136 | 10 YR | 1.7996% | -0.0104 | 30 YR | 2.2507% | -0.0217 | Prices as of: 9/18/2019 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 | |