Wednesday June 5, 2019 MND NewsWire - 8:39AM Low Rates Spark Mini-Boom in Refinancing Interest rates declined again during the week ended May 31 , propping up mortgage application activity in a holiday shortened week. The Mortgage Bankers Association said its Market ... Mortgage Rate Watch - 4:37PM Mortgage Rates Steady to Higher Depending on The Lender Mortgage rates began the day very little changed versus yesterday's latest offerings. That meant another morning of access to the lowest rates since late 2017. As the day progressed ... MBS Commentary - 9:14AM MBS Day Ahead: Pondering The Next Move as Data Picks Up In the day just past, bonds put in their biggest day of weakness since mid-April on what looks to have been a purely technical correction. It was an ideal day for such things considering ... Pipeline Press - 8:54AM Cost-saving Products; Upcoming Events and Free Training; Company Moves I was walking by a classroom recently and I overhead the teacher telling the 1st graders, “Let’s work really hard today – your parents are eager for deliverables.” ... Public and Private Construction Spending Essentially Unchanged This Week Marked Low-Key Launch of the GSEs' Single MBS Latest Video More News from 'Around the Web' Calculated Risk Blog - 3:57PM Fed's Beige Book: Economic Growth "Modest", Labor Market "Tight" eyeonhousing.org - 3:57PM Builders' Use of Drones Remains Widespread, Mostly for Promotional Photos www.redfin.com - 3:56PM Here's What Homebuyers and Sellers Can Expect if the Fed Lowers Rates CNBC - 1:39PM The US 10-year yield could fall to 1.75% by the end of the year, market watcher says CNBC - 11:42AM Fed Governor Brainard backs up Powell's view that the Fed is 'prepared to adjust policy' Reuters - 11:08AM White House adviser says tariffs on Mexican goods may not be needed Reuters - 10:46AM Mexican president hopeful a deal with U.S. on tariffs can be reached Federal Reserve - 10:20AM Clarida, The Federal Reserve's Review of Its Monetary Policy Strategy, Tools, and Communication Practices CNBC - 10:04AM ISM non-manufacturing hits ... in May vs. 55.5 estimate Calculated Risk Blog - 9:39AM ADP: Private Employment increased 27,000 in May Reuters - 8:37AM Fed's slipstream leaves stocks beaming, dollar subdued Bloomberg - 8:14AM Fed Inches Toward Rate Cut as Trump's Trade War Frays Patience CNBC - 8:14AM US Treasury yields tick lower as investors digest Powell 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 | 3.99% | 0.50 | -0.07 | 15 Yr. Fixed | 3.46% | 0.50 | -0.05 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.60% | 0.40 | -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 30YR FNMA 3.0 | 100.30 | -0.06 | 30YR FNMA 3.5 | 101.94 | -0.08 | 30YR GNMA 3.0 | 101.47 | +0.06 | 30YR GNMA 3.5 | 102.72 | -0.14 | 15YR FNMA 3.0 | 101.50 | +0.02 | 15YR FNMA 2.5 | 100.16 | +0.05 |
2 YR | 1.8590% | -0.0204 | 5 YR | 1.8779% | -0.0083 | 10 YR | 2.1365% | +0.0155 | 30 YR | 2.6473% | +0.0440 | Prices as of: 6/5/2019 4:59PM 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 | |