| Wednesday March 8, 2017 Mortgage Rate Watch - 4:33PM Mortgage Rates Spike to 2017 Highs Mortgage rates spiked, big-time, today. Underlying bond markets had already moved higher in rate overnight, but the trend was taken to a new level by an exceptionally strong employment ... MND NewsWire - 7:57AM ARM Activity at 30-Month High The Mortgage Bankers Association (MBA) said today that mortgage applications for both purchases and refinancing grew during the week ended March 3. The MBA's Market Composite Index ... Pipeline Press - 9:19AM Fannie/Freddie Conventional Conforming Changes; Strong Economy Nudging Rates Yes, we change our clocks this weekend, losing an hour, although some states have escaped this ordeal by not using Daylight Savings Time. Different states do things differently. As ... MBS Commentary - 8:18AM MBS Day Ahead: Things Are Getting Serious For Bonds Not that we didn't already know this, but bond markets have been on the back foot ever since last week's rapid shift in Fed rate hike expectations. This had the effect of pushing yields ... Annual Home Prices Gains Back Below 7%; More Contraction Ahead? Confidence Surges in National Housing Survey Latest Video More News from 'Around the Web' CNBC - 4:00PM Economic growth expectations are quietly falling through the floor Reuters - 1:40PM Banks spent record amounts on lobbying in recent election Calculated Risk Blog - 1:40PM February Employment Preview www.redfin.com - 1:39PM What is a Purchase and Sale Agreement? CNBC - 11:01AM US wholesale inventories has biggest drop since February 2016 CNBC - 11:01AM 'It would be a good thing for Dodd-Frank to stay in place': Barclays CEO CNBC - 9:38AM Op-Ed: Why 'a handful of rate hikes' will crush the markets CNBC - 8:41AM David Tepper: 'You bet your heinie' I'm short bonds CNBC - 8:41AM US productivity records smallest annual gain since 2011 CNBC - 8:27AM Job creation posts blowout month in February, ADP says Bloomberg - 8:27AM CEOs Widen Income Gap Over Staff as Survey Shows 5.5% Pay Jump CNBC - 8:27AM David Tepper: The 'punch bowl's still full' so you can't be short stocks Bloomberg - 8:22AM Gundlach Predicts `Old School' Fed Will Do Sequential Hikes | Today's Rates Average Mortgage Rates | 15 Yr. Fixed | 3.06% | 1.30 | +0.03 | | 30 Yr. Fixed | 3.76% | 1.38 | +0.03 |
| 30 Yr. Fixed | 4.41% | 0.38 | +0.13 | | 15 Yr. Fixed | 3.64% | 0.34 | +0.12 | | 30 Yr. Jumbo | 4.36% | 0.26 | +0.07 | | 30 Yr. FHA | 4.15% | 0.29 | +0.13 | | 5/1 ARM | 3.45% | 0.26 | +0.17 |
| 30 Yr. Fixed | 4.10% | 0.50 | -0.06 | | 15 Yr. Fixed | 3.32% | 0.50 | -0.05 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.14% | 0.40 | -0.02 | 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 | 98.09 | -0.33 | | 30YR FNMA 3.5 | 101.44 | -0.33 | | 30YR GNMA 3.0 | 99.91 | 0.00 | | 30YR GNMA 3.5 | 102.78 | -0.25 | | 15YR FNMA 3.0 | 102.00 | -0.17 | | 15YR FNMA 2.5 | 99.41 | -0.19 |
| 2 YR | 1.3582% | +0.0285 | | 5 YR | 2.0909% | +0.0401 | | 10 YR | 2.5597% | +0.0418 | | 30 YR | 3.1514% | +0.0337 | | Prices as of: 3/8/2017 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:
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