Tuesday October 29, 2019 Mortgage Rate Watch - 4:36PM Yes, The Fed Will Cut Rates, But Not Mortgage Rates You may have heard that the Federal Reserve is highly likely to cut rates this week. That is true. It's happening tomorrow . It would be a big surprise for financial markets if the ... MND NewsWire - 10:30AM Pending Sales Hit Highest Levels Since 2017 Pending home sales posted a solid increase for the second straight month in September, more than doubling analysts' expectations. The National Association of Realtors® (NAR) said ... MND NewsWire - 9:48AM Gains in the Southeast Bring Home Prices up 3.2% Nationally Rapid price gains, long dominated by cities in the West, appear to be shifting to the Southeast, at least those reflected in the S&P CoreLogic Case-Shiller indices. The report for ... MBS Commentary - 9:28AM MBS Day Ahead: Don't Let The Green Fool You Yesterday saw the bond market sell off in a fairly frustrating way. Granted, there was some justification for the initial overnight weakness courtesy of an approved Brexit extension ... Broker, Compliance Products; Ellie/Capsilon Deal; Big Banks Back Into FHA Lending? DOJ, HUD Clarify Use of False Claims Act Latest Video More News from 'Around the Web' CNBC - 3:58PM The Fed is expected to cut rates, but how Powell discusses the next move could rattle markets Reuters - 1:42PM Exclusive: U.S.-China trade deal may not be ready for signing in Chile - U.S. official eyeonhousing.org - 1:40PM Homeownership Rate Bounces Back Reuters - 1:40PM EU's Tusk says Brexit delay to January 31 'may be the last one' Calculated Risk Blog - 11:53AM HVS: Q3 2019 Homeownership and Vacancy Rates Bloomberg - 10:54AM GDP, Jobs Hold Clues to Fed's Next Phase After Likely Third Cut CNBC - 10:07AM US consumer confidence for October comes in at 125.9, vs 128 expected Reuters - 8:07AM Brexit election nears as UK opposition backs early poll CNBC - 8:06AM Fed to cut rates again, but other economic concerns are emerging ahead of election: CNBC Fed Survey | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.79% | 1.21 | -0.12 | 30 Yr. Fixed | 4.39% | 1.12 | -0.22 |
30 Yr. Fixed | 4.12% | 0.38 | +0.08 | 15 Yr. Fixed | 3.48% | 0.32 | +0.06 | 30 Yr. Jumbo | 4.07% | 0.21 | +0.04 | 30 Yr. FHA | 4.01% | 0.28 | +0.04 | 5/1 ARM | 3.58% | 0.27 | +0.02 |
30 Yr. Fixed | 3.75% | 0.50 | +0.06 | 15 Yr. Fixed | 3.18% | 0.50 | +0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.40% | 0.30 | +0.05 | 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 | 100.91 | -0.08 | 30YR FNMA 3.5 | 102.31 | -0.03 | 30YR GNMA 3.0 | 102.28 | -0.03 | 30YR GNMA 3.5 | 103.64 | -0.03 | 15YR FNMA 3.0 | 102.08 | -0.02 | 15YR FNMA 2.5 | 100.58 | -0.06 |
2 YR | 1.6515% | +0.0279 | 5 YR | 1.6717% | +0.0459 | 10 YR | 1.8490% | +0.0495 | 30 YR | 2.3376% | +0.0485 | Prices as of: 10/28/2019 11:19AM 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 | |