Friday September 14, 2018 Mortgage Rate Watch - 4:18PM Mortgage Rates Jump to 4-Month Highs Mortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately, that's consistent with the rest ... MND NewsWire - 11:19AM Lower Priced Homes Driving New Home Sales While applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new home sales. The MBA's Builder ... MND NewsWire - 11:31AM CoreLogic: Hurricane Florence Losses Estimated at $3 to $5B Even as Hurricane Florence is pushing unprecedented levels of flood waters into North and South Carolina homes, CoreLogic is issuing estimates regarding the storm's dollar costs. Their ... MBS Commentary - 8:32AM MBS Day Ahead: How Did We End Up In This Mess? The question posed in the title is just a bit too big for us to cover in this humble "day ahead" post, but we can touch on a few key points. I just thought it was a good time to revisit ... Trailing Doc, Tax, and Reverse Products; Vendor News; New Lender Programs Mortgage Fraud Risks Rise, Especially Income Fraud Latest Video More News from 'Around the Web' Reuters - 4:31PM Wall Street near flat, Trump gives go ahead on China tariffs Calculated Risk Blog - 4:31PM Lawler: Household Estimates Conundrum Alive and Well CNBC - 3:09PM San Francisco Fed names Mary Daly as president Bloomberg - 2:45PM Bailing Out AIG: 10 Years After the Financial Crisis CNBC - 1:52PM The financial crisis set millennials backÂbut it may have made them better with money CNBC - 1:25PM The bond market is beginning to believe the Fed is serious about two more rate hikes this year CNBC - 12:49PM Homeowners are sitting on $6 trillion in available cash, but they're not tapping it Reuters - 12:27PM Yellen: Fed should commit to future 'booms' to make up for major busts Reuters - 10:59AM Fed's Evans says premature to read much into yield curve Reuters - 9:57AM Fed policy to turn mildly restrictive in 2019, Evans says Calculated Risk Blog - 9:39AM Industrial Production Increased 0.4% in August CNBC - 9:22AM US import prices post largest drop in more than 1-1/2 years Bloomberg - 8:09AM Erdogan Says His Patience on Central Bank Policy Has Limits Reuters - 8:03AM Millions of Americans still trapped in debt-logged homes ten years after crisis Reuters - 8:03AM Factbox: More than 188,000 without power as Florence batters Carolinas | 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 | 4.60% | 0.50 | +0.06 | 15 Yr. Fixed | 4.06% | 0.50 | +0.07 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.93% | 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 | 95.80 | -0.20 | 30YR FNMA 3.5 | 98.56 | -0.22 | 30YR GNMA 3.0 | 97.38 | +0.02 | 30YR GNMA 3.5 | 99.75 | -0.08 | 15YR FNMA 3.0 | 98.92 | -0.14 | 15YR FNMA 2.5 | 96.69 | -0.08 |
2 YR | 2.7860% | +0.0254 | 5 YR | 2.9067% | +0.0310 | 10 YR | 2.9995% | +0.0258 | 30 YR | 3.1350% | +0.0230 | Prices as of: 9/14/2018 4:51PM 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 | |