Friday March 22, 2019 Mortgage Rate Watch - 5:30PM Mortgage Rates Down 0.25% This Week At the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375%. As of today, the exact same scenario would be at 4.125%--a quarter of a percentage point lower ... MND NewsWire - 12:41PM Freddie Downgrades Economic Forecast but Bullish on Housing Like virtually all the experts, including those at the Federal Reserve, Freddie Mac's economists have reduced their expectations for economic growth . The company's March forecast is ... MND NewsWire - 11:03AM Existing Homes Sales Post Huge February Gain Existing home sales took off like a rocket in February, with strong results in three of the four major regions. The National Association of Realtors® (NAR) said single-family homes ... MBS Commentary - 10:59AM MBS Day Ahead: Here's That Mid-March Breakout We Were Looking For Sometimes a plan comes together and sometimes an educated guess pans out. While it's never safe to plan on any future reality (other than "uncertainty") when it comes to financial markets ... Enforcement Action Webinar; Non-QM Snapshot; German 10-year Yield Drops Below 0% Both Closing Times and Pull Through Rates Improved in February Latest Video More News from 'Around the Web' Reuters - 5:23PM Wall Street tumbles on global economic slowdown fears Calculated Risk Blog - 5:23PM Q1 GDP Forecasts: Around 1% Bloomberg - 5:22PM Treasuries Buying Wave Triggers First Curve Inversion Since 2007 - Bloomberg Calculated Risk Blog - 3:26PM BLS: Unemployment Rates at New Series Lows in Alabama, North Dakota, Tennesse and Vermont CNBC - 3:08PM The Fed's policy switch may be too late to save the economy from fading CNBC - 2:20PM Mortgage rates are breaking to new lower territory, and they could stay there for months Bloomberg - 1:56PM May Gets Two Week Brexit Delay: Now What? Bloomberg - 1:16PM Fed's Pivot Marks a Major Break Bloomberg - 12:26PM All Signs Point to a Housing Boom Ahead Calculated Risk Blog - 11:57AM Comments on February Existing Home Sales Bloomberg - 11:25AM Key Part of U.S. Curve Inverts for First Time Since 2007: Chart Bloomberg - 10:58AM New Abnormal Marks a Watershed Moment in a Low-Rate World eyeonhousing.org - 9:38AM Builders' Profit Margins Continue to (Slowly) Increase Reuters - 9:07AM Trump: China trade deal likely; automakers can avoid tariffs with U.S. plants Reuters - 8:15AM German 10-year bond yields crash below zero as growth fears roil markets CNBC - 8:03AM Trump says GDP would have topped 4% if Fed had halted rate hikes sooner Reuters - 8:03AM German 10-year yields dive below zero to two and a half year lows as growth fears roil markets | 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 | 4.28% | 0.40 | -0.03 | 15 Yr. Fixed | 3.71% | 0.40 | -0.05 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.84% | 0.30 | +0.00 | 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 | 99.56 | +0.55 | 30YR FNMA 3.5 | 101.36 | +0.38 | 30YR GNMA 3.0 | 100.50 | +0.44 | 30YR GNMA 3.5 | 101.98 | +0.19 | 15YR FNMA 3.0 | 100.75 | +0.27 | 15YR FNMA 2.5 | 99.20 | +0.39 |
2 YR | 2.3187% | -0.0917 | 5 YR | 2.2403% | -0.1009 | 10 YR | 2.4373% | -0.1014 | 30 YR | 2.8747% | -0.0904 | Prices as of: 3/22/2019 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 | |