Monday March 25, 2019 Mortgage Rate Watch - 5:20PM Mortgage Rates Still Moving Lower After Last Week's Stellar Drop Mortgage rates continued deeper into long-term lows today as the underlying bond market experiences its most impressive rally of the year. In a rally, bond prices are moving higher ... Pipeline Press - 8:56AM Non-QM, Underwriting Products; Why Rates are This Low, Impact on Refi Population Sometimes you’re stuck in the middle . (Thanks to Myrtle for that one.) Right now, it seems, rates are done being stuck in the middle and have edged back down leading to refi ... MBS Commentary - 9:39AM MBS Week Ahead: Slow Data Week Apart From Housing; Bonds Hoping to Confirm From a calendar standpoint, the most notable thing about the week ahead is that it's the final week of the month/quarter. This usually means we'll see at least some trading happening ... Freddie Downgrades Economic Forecast but Bullish on Housing Existing Homes Sales Post Huge February Gain Latest Video More News from 'Around the Web' CNBC - 5:10PM Bond market says not only is a recession coming, but the Fed will cut interest rates to stop it Bloomberg - 3:22PM The Fed Needs to Start Playing a Smarter Political Game - Bloomberg Bloomberg - 3:22PM Low Interest Rates Might Be What's Hurting Growth Reuters - 3:22PM Explainer: Brexit - What will happen in the British parliament on Monday? www.realtor.com - 3:18PM FHA Clamps Down on Risky Government-Backed Mortgages www.consumerfinancemonitor.com - 3:17PM 2019 HMDA Guide Released CNBC - 11:48AM Fed's Evans says inflation could run to 2.5% before rate hikes are needed eyeonhousing.org - 11:18AM Florida Leads Job Gains in February Calculated Risk Blog - 10:55AM Dallas Fed: "Texas Manufacturing Activity Continues to Grow" Bloomberg - 10:39AM Fannie and Freddie Return to Senate Spotlight as Crapo Seeks Fix CNBC - 10:24AM The US bond yield curve has inverted. Here's what it means Calculated Risk Blog - 9:54AM Chicago Fed "Index points to little change in economic growth in February" CNBC - 9:22AM 'More bumps in the road' before US-China trade deal, former Treasury Secretary Jack Lew warns Reuters - 8:08AM Philadelphia Fed's Harker sees no rate hike in short-term Bloomberg - 8:05AM Inverted Yield Curve Doesn't Necessarily Mean Recession Is Nigh Reuters - 8:04AM Former Fed chair Yellen says yield curve may signal need to cut rates, not a recession | 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 | 99.78 | +0.22 | 30YR FNMA 3.5 | 101.44 | +0.08 | 30YR GNMA 3.0 | 100.72 | +0.22 | 30YR GNMA 3.5 | 102.16 | +0.17 | 15YR FNMA 3.0 | 100.91 | +0.16 | 15YR FNMA 2.5 | 99.36 | +0.16 |
2 YR | 2.2499% | -0.0688 | 5 YR | 2.1866% | -0.0537 | 10 YR | 2.4054% | -0.0319 | 30 YR | 2.8662% | -0.0085 | Prices as of: 3/25/2019 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 | |