Monday May 6, 2019 Mortgage Rate Watch - 4:17PM Lowest Mortgage Rates in a Month Mortgage rates dropped noticeably this morning as financial markets opened sharply changed from Friday's latest levels thanks to Trump trade tweets over the weekend. The stock market ... MND NewsWire - 8:44AM Prepayment Rate Surges; Servicers Drop Ball on Retaining Customers Prepayment rates historically tend to increase in the spring, but this year they have been exceptionally high. The rate has risen during March in 18 of the past 19 years with an average ... Pipeline Press - 9:09AM eNote, Underwriting, and Compliance Products; Non-QM and Ginnie Securities Update Welcome to May 6th, the anniversary of the first tequila hangover. (Yes, for those of you who wrote, I know that May 5 is not Mexican Independence Day, which is in September.) Much ... MBS Commentary - 8:59AM MBS Week Ahead: Sparse Data, Treasury Auctions, and Trade Tensions The week begins with bonds trading in much stronger territory thanks to a surprise US/China trade announcement from Trump over the weekend. This changes the tone for bonds heading into ... Ginnie Mae Seeks Input on Moderating VA Prepays Broker, Underwriting, Tax Products; Conventional/Conforming News, and an MSR Valuation Primer Latest Video More News from 'Around the Web' Calculated Risk Blog - 3:53PM Update: Framing Lumber Prices Down 35% Year-over-year Reuters - 3:12PM Fed: U.S. stock prices elevated, business debt high, but financial system 'resilient' CNBC - 3:06PM Chinese delegation will come to the US for trade talks after Trump tariff threat www.realtor.com - 1:54PM Homeowners Fault Government for Hurricane Harvey Damage www.redfin.com - 11:51AM Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago www.consumerfinancemonitor.com - 10:56AM NYDFS Creates New "Powerhouse" Consumer Protection and Financial Enforcement Division Calculated Risk Blog - 10:40AM How to Report the Monthly Employment Number excluding Temporary Census Hiring www.redfin.com - 9:58AM Redfin Migration Report: Phoenix is the Top Destination, Particularly among Los Angelenos and People Looking to Leave Other Expensive, High-Tax Metros Reuters - 9:32AM German economy minister urges United States, China to resolve trade dispute CNBC - 8:00AM US Treasury yields tick lower as investors digest new US tariffs on China | 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 | 98.88 | +0.05 | 30YR FNMA 3.5 | 100.97 | +0.02 | 30YR GNMA 3.0 | 99.91 | +0.19 | 30YR GNMA 3.5 | 101.77 | +0.06 | 15YR FNMA 3.0 | 100.44 | -0.06 | 15YR FNMA 2.5 | 98.92 | -0.05 |
2 YR | 2.3087% | -0.0263 | 5 YR | 2.2933% | -0.0335 | 10 YR | 2.4998% | -0.0307 | 30 YR | 2.9085% | -0.0132 | Prices as of: 5/6/2019 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 | |