| Thursday October 11, 2018 Mortgage Rate Watch - 5:08PM Mortgage Rates Drop to Last Thursday's Levels Mortgage rates fell today as the stock market sell-off remained in focus. Stocks and rates certainly don't have a linear and predictable relationship, but when stocks move lower as ... MBS Commentary - 6:16PM MBS RECAP: Once More With (Slightly Less) Feeling Bonds rallied today, eventually. Most of the session was fairly flat with the afternoon bringing most of the rally thanks to another sell-off in stocks. This time, the stock losses ... MBS Commentary - 9:25AM MBS Day Ahead: Here's What a Bond Rally Costs in Terms of Stock Selling Anything more than 20 points is a big day of selling in terms of the S&P, but that's a small enough number to be relatively common, periodically. From there, a sell-off of more ... Pipeline Press - 9:04AM Non-QM, Digital, Tech Products; MSA Compliance Webinar; Vendors Raising Money We’re in the middle of mortgage conference season. (Are there any apple orchards left with all the applewood smoked bacon served at breakfasts?) The MBA’s National Conference ... Moody's Examines (And Endorses) Affordable Housing Bill Warehouse and Non-QM Products; Agency Appraisal and Inspection Changes Latest Video More News from 'Around the Web' Reuters - 2:10PM Devastated homes, toppled trees mark Michael's path over Florida Reuters - 2:10PM Call 'em crazy, but Fed officials likely to keep raising rates CNBC - 2:09PM Warren Buffett on why interest rates matter so much for investing www.redfin.com - 2:09PM Spring's Fastest Markets are Slowing Down this Fall Bloomberg - 1:26PM Stocks May Have to Tumble 20% Before 'Fed Put' Comes Into Play Reuters - 1:25PM Trump calls 'loco' Federal Reserve 'too aggressive' CNBC - 1:23PM Gundlach says it's a 'myth' that the Fed is truly independent, not surprised by Trump's comments CNBC - 1:23PM Bond King Gundlach: 30-year yield could rise above 4%, 10-year rate to 3.6% before this move ends www.consumerfinancemonitor.com - 11:49AM This Week's Podcast: The CFPB Under New Leadership: What Has Changed? Bloomberg - 11:24AM BOJ Bond-Buying Set for Slowest Pace in Kuroda Era, Goldman Says The Basis Point - 11:02AM Wells Fargo to issue first mortgage bond since crisis, comprised of top quality jumbo loans with average 779 credit score CNBC - 10:45AM Larry Kudlow says the Fed is independent and the president is not dictating policy to central bank Bloomberg - 10:29AM Westchester Homebuyers Find a Way to Get Around New Tax Burdens CNBC - 10:04AM Investor Barry Sternlicht worries about a recession signal and an economy not as strong as it appears Calculated Risk Blog - 9:45AM Cost of Living Adjustment increases 2.8% in 2019, Contribution Base increased to $132,900 CNBC - 8:41AM US inflation slows in September on rental costs, energy Calculated Risk Blog - 8:40AM Weekly Initial Unemployment Claims increased to 214,000 Reuters - 8:33AM IMF's Lagarde warns against trade, currency wars, urges fix to global rules Reuters - 8:06AM IMF chief defends Powell after Trump says Fed has 'gone crazy': CNBC | Today's Rates Average Mortgage Rates | 15 Yr. Fixed | 4.15% | 1.16 | -0.02 | | 30 Yr. Fixed | 4.78% | 1.15 | +0.01 |
| 30 Yr. Fixed | 4.96% | 0.49 | -0.01 | | 15 Yr. Fixed | 4.39% | 0.50 | +0.01 | | 30 Yr. Jumbo | 4.93% | 0.31 | +0.01 | | 30 Yr. FHA | 4.95% | 0.80 | +0.01 | | 5/1 ARM | 4.24% | 0.48 | +0.02 |
| 30 Yr. Fixed | 4.90% | 0.50 | +0.19 | | 15 Yr. Fixed | 4.29% | 0.50 | +0.14 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 4.07% | 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 | 94.81 | +0.22 | | 30YR FNMA 3.5 | 97.64 | +0.17 | | 30YR GNMA 3.0 | 96.14 | +0.13 | | 30YR GNMA 3.5 | 98.64 | +0.16 | | 15YR FNMA 3.0 | 98.42 | +0.08 | | 15YR FNMA 2.5 | 95.98 | +0.13 |
| 2 YR | 2.8484% | -0.0040 | | 5 YR | 3.0010% | -0.0102 | | 10 YR | 3.1460% | -0.0282 | | 30 YR | 3.3173% | -0.0260 | | Prices as of: 10/11/2018 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:
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