Friday October 5, 2018 Mortgage Rate Watch - 3:21PM Mortgage Rates Are Officially Back to 5% Mortgage rates moved back over the 5% threshold, on average, for the first time since early 2011 today following mixed data on the jobs market. Why would "mixed data" be such a problem ... MND NewsWire - 10:52AM Artificial Intelligence Improves Profitability, Efficiency, and Customer Experience Mortgage lenders have been increasingly reporting tighter margins as costs rise for each actual loan transaction. In the last few years the principal reason behind this as revealed ... Pipeline Press - 8:58AM Broker, Correspondent, Digital Products; Promotions, Layoffs, PE-Owned Lender Closures “Rob, is any lender making money out there?” Well, what’s the old “joke?” “How do you get $5 million in the mortgage biz? Start with $10 million ... MBS Commentary - 8:30AM MBS Day Ahead: The Readiness is All At this point, there's nothing left to be said or done in preparation for today's NFP data. Bonds stand on the edge of the most recent abyss. This time it's 3.20-3.24%-ish. The specific ... Mortgage Credit Tightens, Government Programs Drive Change FICO Scores Hit Record High Latest Video More News from 'Around the Web' Reuters - 5:59PM Stocks fall globally after U.S. jobs data, Treasury yields rise again Bloomberg - 3:33PM The Next US Recession Is Moving Further Away Calculated Risk Blog - 2:45PM Annual Vehicle Sales: On Pace to decline in 2018 Calculated Risk Blog - 12:44PM Comments on September Employment Report www.redfin.com - 12:27PM For-Sale Home Supply Surges In Hot West Coast Markets Reuters - 11:48AM N.Y. Fed lowers U.S. Q3, Q4 GDP growth view Bloomberg - 11:25AM US Trade Gap Hits Six-Month High as Soybean Exports Plunge 28% Bloomberg - 9:55AM Italian Optimism, Gradual ECB, Rising US Debt Pile: Eco Day CNBC - 9:18AM 4 overlooked perks of a high credit score Experian wants you to know about Reuters - 8:51AM U.S. trade deficit jumps to six-month high in August CNBC - 8:41AM Job growth slumps in September but unemployment rate falls to lowest since 1969 Bloomberg - 8:08AM Why Weather May Skew Wage Signals in the September Jobs Report Bloomberg - 8:07AM McDonald: Treasury Yields in New Trading Range CNBC - 8:03AM DoubleLine's Gundlach: 30-year US Treasury signals significantly higher bond yields ahead | 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 | 4.71% | 0.40 | +0.06 | 15 Yr. Fixed | 4.15% | 0.40 | +0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 4.01% | 0.30 | +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 | 94.39 | -0.33 | 30YR FNMA 3.5 | 97.27 | -0.31 | 30YR GNMA 3.0 | 95.75 | -0.75 | 30YR GNMA 3.5 | 98.44 | -0.34 | 15YR FNMA 3.0 | 98.02 | -0.25 | 15YR FNMA 2.5 | 95.56 | -0.30 |
2 YR | 2.8891% | +0.0170 | 5 YR | 3.0727% | +0.0277 | 10 YR | 3.2328% | +0.0458 | 30 YR | 3.4054% | +0.0579 | Prices as of: 10/5/2018 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 | |