Monday September 13, 2021 MBS Commentary - 4:20PM Quiet Summertime Monday Leaves Bonds Slightly Stronger Treasuries have experienced more of the volatility in the bond market than MBS recently. That makes sense given last week's auction ... Mortgage Rate Watch - 3:44PM Mortgage rates were fairly flat to start the new week. This leaves the average lender in the high 2% range for top tier conventional 30yr fixed scenarios (i.e. 20%+ equity, 740+ FICO ... MBS Commentary - 10:06AM There is a smattering of data in the week ahead with Tuesday's CPI and Thursday's Retail Sales reports being the headliners. Data is merely a "potential" market mover though. Next week ... | Today's Rates 30 Yr FRM | 2.94% | +0.00 | 15 Yr FRM | 2.38% | +0.00 | FHA 30 Year Fixed | 2.62% | +0.00 | Jumbo 30 Year Fixed | 3.05% | -0.01 | 5/1 Yr ARM | 2.62% | +0.00 | |
Average Mortgage Rates 30 Yr. Fixed | 2.99% | 0.30 | +0.02 | 15 Yr. Fixed | 2.35% | 0.25 | +0.02 | 30 Yr. Jumbo | 3.15% | 0.29 | +0.03 | 30 Yr. FHA | 3.06% | 0.27 | -0.02 | 5/1 ARM | 2.52% | 0.15 | -0.41 |
30 Yr. Fixed | 2.88% | 0.70 | +0.01 | 15 Yr. Fixed | 2.19% | 0.60 | +0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.42% | 0.30 | -0.01 | * 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 | 101.20 | +0.08 | 30YR UMBS 2.5 | 103.78 | +0.11 | 30YR GNMA 2.0 | 101.89 | +0.08 | 30YR GNMA 2.5 | 103.30 | +0.09 | 15YR UMBS 2.0 | 103.66 | +0.05 | 15YR UMBS 2.5 | 104.59 | +0.02 |
2 YR | 0.2129% | -0.0018 | 5 YR | 0.8063% | -0.0097 | 10 YR | 1.3275% | -0.0153 | 30 YR | 1.9064% | -0.0280 | Prices as of: 9/13/2021 4:47PM EST | 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 |
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