Friday May 3, 2019 MND NewsWire - 1:10PM Ginnie Mae Seeks Input on Moderating VA Prepays Ginnie Mae has issued a formal request for input regarding changes to its II Multi-Issuer Program (GII MIP). That program represents almost a third of the mortgage-backed securities ... Mortgage Rate Watch - 5:02PM Mortgage Rates Hold Ground Despite Stronger Jobs Report Mortgage rates were flat today, which is a victory considering the big jobs report was stronger than expected. Typically, labor market strength--especially when seen in this particular ... MBS Commentary - 8:22AM MBS Day Ahead: NFP and ISM Round Out Big Week of Data In the day just past, bonds sold off due to what appears to be market dissatisfaction with a hawkish message from the Fed. This largely came courtesy of Powell's press conference on ... Pipeline Press - 9:08AM Broker, Underwriting, Tax Products; Conventional/Conforming News, and an MSR Valuation Primer On the trading desk we would always chuckle when someone would occasionally cry out, “Oh! I was working so hard I forgot to eat!” Really? One thing is for sure, though, ... Strong Fannie/Freddie Earnings Mean Another $4.1 Billion for Taxpayers Mortgage Rates Are Actually Higher This Week Latest Video More News from 'Around the Web' CNBC - 5:00PM Fed's Kaplan says inflation to remain muted, economy running out of workers Reuters - 5:00PM Some U.S. Fed officials are more worried by weak inflation Bloomberg - 2:24PM The Fed Muddled Its Inflation Message CNBC - 1:49PM Fed's Mester says she fully supports the central bank's patient stance CNBC - 1:31PM Millions of homes are underinsured against natural disasters as construction costs keep rising Bloomberg - 12:36PM Fed Rate-Cut Bets at Risk as Powell Says Low Inflation Transient CNBC - 11:49AM Fed's Clarida says economy is 'in a very good place' and backs 'patient' approach to rates CNBC - 11:25AM Fed's James Bullard says interest rate policy is 'a little tight' right now Calculated Risk Blog - 10:59AM ISM Non-Manufacturing Index decreased to 55.5% in April CNBC - 10:30AM Warren Buffett says no textbook could have predicted the strange economy we have today CNBC - 10:10AM Economist John Taylor thinks the Fed is 'in a better place' with interest rates CNBC - 9:46AM Consumer watchdog agency sues two large credit-repair firms, alleging unlawful fees and deceptive practices CNBC - 8:43AM US created 253,000 jobs in April, vs 190,000 expected CNBC - 8:01AM Treasury yields continue to edge higher after Fed inflation comments | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 4.22% | 1.43 | -0.12 | 30 Yr. Fixed | 4.78% | 1.18 | -0.20 |
30 Yr. Fixed | 4.67% | 0.00 | +0.02 | 15 Yr. Fixed | 0.00% | 0.00 | -4.00 | 30 Yr. Jumbo | 0.00% | 0.00 | -4.40 | 30 Yr. FHA | 0.00% | 0.00 | -4.64 | 5/1 ARM | 0.00% | 0.00 | -3.95 |
30 Yr. Fixed | 4.14% | 0.50 | -0.06 | 15 Yr. Fixed | 3.60% | 0.40 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.68% | 0.40 | -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 30YR FNMA 3.0 | 98.83 | +0.08 | 30YR FNMA 3.5 | 100.95 | +0.08 | 30YR GNMA 3.0 | 99.72 | -0.11 | 30YR GNMA 3.5 | 101.70 | -0.03 | 15YR FNMA 3.0 | 100.50 | +0.06 | 15YR FNMA 2.5 | 98.97 | +0.09 |
2 YR | 2.3350% | -0.0118 | 5 YR | 2.3268% | -0.0199 | 10 YR | 2.5305% | -0.0145 | 30 YR | 2.9217% | -0.0126 | Prices as of: 5/3/2019 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 | |