Wednesday May 16, 2018 Mortgage Rate Watch - 5:26PM Rates Inch Further Into Long-Term Highs Mortgage rates spiked to 7-year highs yesterday. While today's move was nowhere near the same size, it was in the same unfriendly direction. That makes it the worst day for mortgage ... MND NewsWire - 10:52AM Housing Starts Weakened as Expected in April The leading construction indicators performed generally as analysts had predicted in April, stepping back from March's solid increases in both permits and housing starts. Both sectors ... MND NewsWire - 9:18AM Refi Applications at 8-Year Low Mortgage activity slowed again last week. The Mortgage Bankers Association said its Market Composite Index, which measures the volume of mortgage loan applications, was down on a seasonally ... MND NewsWire - 12:51PM The Economy, Employment, Rising Home Prices Whittle Away at Delinquencies Improving loan performance doesn't make headlines any longer, but worth noting that the improvement is still good news. The Mortgage Bankers Association (MBA) says the first quarter ... MBS Day Ahead: Without Yesterday, Today would look Awful Construction, Non-QM Products; MI Program Developments Latest Video More News from 'Around the Web' Bloomberg - 4:50PM Fed's Bostic Says Job Is to Prevent Inversion of Yield Curve Calculated Risk Blog - 4:50PM Phoenix Real Estate in April: Sales down 9% or up 4%? www.consumerfinancemonitor.com - 4:00PM CFPB Revises TRID Guides to Reflect Black Hole Fix Bloomberg - 2:39PM Bond Yields at 3.5% Would Spur Stock Exodus, Credit Suisse Says www.realtor.com - 2:39PM Who Killed the Deal to Sell Your House? It Was an Inside Job Reuters - 12:32PM Industrial production rises strongly; homebuilding tumbles Bloomberg - 11:21AM Macquarie Is Calling the End of the Great Bond Bull Market freddiemac.mwnewsroom.com - 10:37AM Freddie Mac Prices $993 Million Multifamily K-Deal, K-F45 CNBC - 9:56AM US/German bond yield spreads last hit these levels almost 30 years ago CNBC - 9:34AM US manufacturing output rises, while past months were revised lower Bloomberg - 9:26AM The $1300 US Rental Home Is So Hot the Canadians Are Bidding for It Bloomberg - 8:51AM Hot US Housing Bonds Are Getting Riskier CNBC - 8:50AM The biggest risk to the bond market is not 3 percent yields: Wells Fargo CNBC - 8:50AM US Treasurys tick higher after reaching multi-year highs CNBC - 8:50AM US home building tumbled in April, while permits fell | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.65% | 1.14 | +0.09 | 30 Yr. Fixed | 4.19% | 1.21 | +0.02 |
30 Yr. Fixed | 4.68% | 0.46 | -0.01 | 15 Yr. Fixed | 4.12% | 0.51 | +0.05 | 30 Yr. Jumbo | 4.55% | 0.37 | +0.00 | 30 Yr. FHA | 4.69% | 0.81 | -0.04 | 5/1 ARM | 3.83% | 0.68 | -0.10 |
30 Yr. Fixed | 4.55% | 0.50 | +0.00 | 15 Yr. Fixed | 4.01% | 0.40 | -0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.77% | 0.30 | +0.08 | 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 | 95.31 | -0.27 | 30YR FNMA 3.5 | 98.22 | -0.23 | 30YR GNMA 3.0 | 96.61 | -0.72 | 30YR GNMA 3.5 | 99.33 | -0.22 | 15YR FNMA 3.0 | 98.39 | -0.28 | 15YR FNMA 2.5 | 96.34 | -0.28 |
2 YR | 2.5934% | +0.0168 | 5 YR | 2.9443% | +0.0275 | 10 YR | 3.1038% | +0.0315 | 30 YR | 3.2230% | +0.0248 | Prices as of: 5/16/2018 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 | |