Wednesday February 10, 2021 Mortgage Rate Watch - 4:02PM Mortgage Rates Lowest in More Than a Week Mortgage rates haven't been moving much recently, but they've logged enough small victories to make it back to the lower levels seen on February 1st . Depending on the specific scenario ... MBS Commentary - 3:23PM MBS RECAP: CPI and 10yr Auction Make a Case For a Near-Term Rate Ceiling CPI and 10yr Auction Make a Case For a Near-Term Rate Ceiling NOTE: charts look weak this morning despite strong MBS due to THE ROLL. See the 2nd half of the Day Ahead for another useful ... MND NewsWire - 8:19AM Slight Rate Increases Dampen Mortgage Application Volume Mortgage application activity gave back much of the previous week's gains as interest rates increased. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure ... IT Jobs; VOE, CRM, Non-QM Products; Conventional Conforming News; CPI: No Inflation Worries MBS Day Ahead: Strong Start Thanks to Weak CPI (And a Chart to Explain "The Roll") Latest Video More News from 'Around the Web' Reuters - 3:24PM U.S. January budget deficit hits record $163 billion as new aid checks sent out Reuters - 3:24PM Fed's Powell calls for broad national drive to full employment Fannie Mae - 2:54PM Fannie's DU Release Notes For March 13th Update (DTI, Self-Employment, PIWs, Etc.) CNBC - 2:45PM Watch Fed Chair Jerome Powell speak live to the Economic Club of New York CNBC - 2:44PM Fed Chair Powell, citing bleak jobs picture, says policy will need to stay 'patiently accommodative' CNBC - 10:23AM House panel advances $15 minimum wage as Democrats try to include it in Covid relief bill Reuters - 10:13AM Wall Street opens at record levels ahead of Powell talk Calculated Risk Blog - 8:45AM BLS: CPI increased 0.3% in January, Core CPI Unchanged CNBC - 8:06AM Treasury yields rise slightly ahead of Fed chair speech | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 0.00% | 0.00 | +0.00 | 30 Yr. Fixed | 0.00% | 0.00 | +0.00 |
30 Yr. Fixed | 2.85% | 0.33 | -0.05 | 15 Yr. Fixed | 2.49% | 0.29 | -0.02 | 30 Yr. Jumbo | 3.12% | 0.33 | -0.08 | 30 Yr. FHA | 2.96% | 0.42 | -0.01 | 5/1 ARM | 2.58% | 0.36 | -0.02 |
30 Yr. Fixed | 2.73% | 0.70 | +0.00 | 15 Yr. Fixed | 2.21% | 0.60 | +0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.78% | 0.30 | -0.02 | 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 UMBS 2.0 | 102.95 | -0.03 | 30YR UMBS 2.5 | 105.19 | +0.02 | 30YR GNMA 2.0 | 103.53 | -0.08 | 30YR GNMA 2.5 | 104.59 | -0.13 | 15YR UMBS 2.0 | 104.53 | -0.08 | 15YR UMBS 2.5 | 105.17 | -0.08 |
2 YR | 0.1091% | -0.0080 | 5 YR | 0.4514% | -0.0239 | 10 YR | 1.1242% | -0.0360 | 30 YR | 1.9124% | -0.0398 | Prices as of: 2/10/2021 4:26PM 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 | |