Wednesday June 13, 2018 Mortgage Rate Watch - 5:18PM Mortgage Rates Higher Following Fed Forecasts Mortgage rates moved higher today, following the Fed's much-anticipated policy announcement. Although the Fed changed quite a few words from the announcement's previous iteration (far ... MND NewsWire - 10:39AM Lenders Remain Pessimistic about Demand, Profits Last week the Mortgage Bankers Association said that independent mortgage bankers had reported negative production revenue in the first quarter of this year. This week Fannie Mae reminded ... MBS Commentary - 2:05PM Differences Between Previous and Current FOMC Statements Information received since the Federal Open Market Committee met in March May indicates that the labor market has continued to strengthen and that economic activity has been rising ... MND NewsWire - 8:06AM Mortgage Application Volume Falls Back as Rates Rise The flurry of mortgage activity during the week ended June 1st didn't last long. Application volume resumed its months-long retreat last week as interest rates rose. The Mortgage Bankers ... MBS Day Ahead: All About The Dots, Bout The Dots, No Rate Hike Lender Events; Inflation, Interest Rates, and the Fed Latest Video More News from 'Around the Web' CNBC - 5:41PM 'This economy will slow' in mid-2019 or 2020: J.P. Morgan strategist Washington Post - 5:40PM A minimum-wage worker can't afford a 2-bedroom apartment anywhere in the U.S. www.realtor.com - 3:14PM Rents Are Still Growing Much Faster Than Wages, Even as Growth Cools Slightly Bloomberg - 3:13PM Homebuilder Stocks Sink After Survey Shows Risk of a Slowdown CNBC - 3:13PM As Fed jacks up rates, bond market warns of potential for economic weakness Reuters - 2:48PM Fed raises rates amid stronger inflation, drops crisis-era guidance CNBC - 2:47PM Fed's Powell says he will begin press conferences following each meeting starting in January Federal Reserve - 2:47PM Federal Reserve Board and Federal Open Market Committee release economic projections from the June 12-13 FOMC meeting CNN - 1:22PM Why West Coast home prices are surging Fannie Mae - 1:22PM Fannie Mae Announces Seventh Sale of Reperforming Loans ... CNBC - 1:22PM Don't let your house sit on the market! Advice from real estate expert Sidney Torres Washington Post - 12:14PM Why many homebuyers suddenly feel cursed Bloomberg - 11:15AM Fed Decision Day, Awkward ECB, UK Inflation Holds Up: Eco Day Calculated Risk Blog - 10:21AM Housing Inventory Tracking: The Bottom Turn CNBC - 9:28AM House-flipping start-up Opendoor just landed $325 million to expand across the US CNBC - 8:38AM May producer prices jump in the biggest annual increase in nearly 6 1/2 years Bloomberg - 8:10AM Fed Dots in Focus as Market Awaits Rate Hike: Decision-Day Guide CNBC - 8:08AM 'White-knuckle moments' are about to hit the bond market, money manager warns | 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 | 4.54% | 0.50 | -0.02 | 15 Yr. Fixed | 4.01% | 0.40 | -0.05 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.74% | 0.40 | -0.06 | 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 | 96.03 | -0.03 | 30YR FNMA 3.5 | 98.83 | -0.06 | 30YR GNMA 3.0 | 97.22 | -0.08 | 30YR GNMA 3.5 | 99.89 | -0.03 | 15YR FNMA 3.0 | 98.89 | -0.08 | 15YR FNMA 2.5 | 96.75 | -0.06 |
2 YR | 2.5737% | +0.0289 | 5 YR | 2.8365% | +0.0238 | 10 YR | 2.9737% | +0.0092 | 30 YR | 3.0919% | -0.0033 | Prices as of: 6/13/2018 5:06PM 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 | |