Wednesday October 10, 2018 Mortgage Rate Watch - 5:58PM Mortgage Rates Not Impressed by Market Volatility Mortgage rates are based on mortgage-backed securities (MBS), which are essentially bonds. Conventional wisdom holds that stocks and bonds supplement one another, and that as "money ... MND NewsWire - 5:00PM Moody's Examines (And Endorses) Affordable Housing Bill It was largely ignored with the ongoing rush of news from Washington, but late last month Senator Elizabeth Warren (D-MA) introduced a bill she says is aimed at increasing the amount ... Pipeline Press - 8:52AM Warehouse and Non-QM Products; Agency Appraisal and Inspection Changes As Hurricane Michael heads toward Florida & Georgia (with the wind and storm surge, lenders and investors act – for example, Mr. Cooper has temporarily suspended loan purchases ... MND NewsWire - 8:11AM Mortgage Application Activity Dwindles as Rates Move Higher Mortgage application activity declined during the week as the 30-year mortgage rate crossed the 5.0 percent line for the first time in seven years and other products moved to new seven ... MBS Day Ahead: Bonds Still Focused on Defense, But Hoping Offense Figures it Out White Paper on Customer Service, Warehouse Product; PIW's and Outsourcing Latest Video More News from 'Around the Web' Calculated Risk Blog - 3:04PM Seattle Real Estate in September: Sales Down 29% YoY, Inventory up 78% YoY Calculated Risk Blog - 2:55PM Houston Real Estate in September: "Market Cools" Bloomberg - 2:51PM Bond ETF Outflows Suggest No More 'Crying Wolf' on US Rates CNBC - 12:49PM Not just student loans: Millennials are also loading up on this kind of debt Reuters - 12:48PM Equities slide to three-month low as tech stocks plunge CNBC - 11:55AM Cramer predicts Fed chief Powell could 'walk back' the recent rate comments that jolted Wall Street Bloomberg - 11:21AM Italy Wakes Up to Bond Spreads Again in Throwback to Crisis Days CNBC - 9:17AM Travelers to sell smart home solutions on Amazon, offers insurance discounts after purchase Reuters - 8:58AM U.S. producer prices rebound in September Reuters - 8:07AM Fed policymaker says clarity key to avoiding global disruptions CNBC - 8:05AM Here is why investors should quit worrying about rising interest rates Bloomberg - 8:04AM US Financials Aren't Rising With Yields, in an Ominous Omen | 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 | 94.59 | -0.05 | 30YR FNMA 3.5 | 97.47 | -0.02 | 30YR GNMA 3.0 | 96.02 | +0.13 | 30YR GNMA 3.5 | 98.48 | +0.11 | 15YR FNMA 3.0 | 98.34 | +0.16 | 15YR FNMA 2.5 | 95.86 | +0.13 |
2 YR | 2.8524% | -0.0368 | 5 YR | 3.0112% | -0.0427 | 10 YR | 3.1742% | -0.0321 | 30 YR | 3.3624% | -0.0035 | Prices as of: 10/10/2018 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 | |