| Friday August 16, 2019 Mortgage Rate Watch - 3:22PM Mortgage Rate Weirdness May Be Working in Your Favor Today Things have been weird enough for mortgage rates recently that we were forced to add a " Temporary Note on Mortgage Rate Inconsistency " to our daily coverage recently. It will likely ... MND NewsWire - 7:15PM New Home Sales Expected to Reflect Interest Rate Trend New home purchases are expected to be significantly higher in July according to data released by the Mortgage Bankers Association (MBA). Its monthly Builder Application Survey (BAS ... MND NewsWire - 7:17PM Builder Confidence is Good, But it Could be Better The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) moved one point higher this month. However, at 66, NAHB's measure of builder confidence in the ... MBS Commentary - 11:28AM MBS Day Ahead: How Low Can We Go? And Why Mortgage Rates Can't... 10yr yields rallied aggressively yesterday, and for no reason more compelling than a proverbial "snowball rally compounded by technicals and algorithmic trading." Ugh! I hate typing ... MBS RECAP: Relative Stability + Moderate Losses = MBS Fighting Back DPA, Non-QM Products; Deficits, Debt, The Yield Curve, and Mortgage Rates Latest Video More News from 'Around the Web' Reuters - 3:10PM Exclusive: Fed's Mester weighing argument for U.S. rate cut Calculated Risk Blog - 2:35PM Sacramento Housing in July: Sales Up 6% YoY, Active Inventory DOWN 16% YoY Bloomberg - 12:55PM Germany Ready to Raise Debt If Recession Hits, Spiegel Reports CNBC - 11:46AM KB Home CEO says confidence matters more than mortgage rates, and confidence just took a hit Calculated Risk Blog - 11:04AM BLS: July Unemployment rates at New Series Lows in Alabama, Arkansas, Maine and New Jersey CNBC - 10:11AM US consumer sentiment falls to 92.1 in August, vs. 97 estimate Calculated Risk Blog - 8:58AM Housing Starts decline to 1.191 Million Annual Rate in July CNBC - 8:10AM Fed may not have the firepower to save the economy if a recession is coming CNBC - 8:03AM Fed's Bullard says only a 'sustained' bond inversion would be a bearish signal | Today's Rates Average Mortgage Rates | 15 Yr. Fixed | 3.79% | 1.21 | -0.12 | | 30 Yr. Fixed | 4.39% | 1.12 | -0.22 |
| 30 Yr. Fixed | 4.12% | 0.38 | +0.08 | | 15 Yr. Fixed | 3.48% | 0.32 | +0.06 | | 30 Yr. Jumbo | 4.07% | 0.21 | +0.04 | | 30 Yr. FHA | 4.01% | 0.28 | +0.04 | | 5/1 ARM | 3.58% | 0.27 | +0.02 |
| 30 Yr. Fixed | 3.60% | 0.50 | +0.00 | | 15 Yr. Fixed | 3.07% | 0.50 | +0.02 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.35% | 0.30 | -0.01 | 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 | 101.78 | -0.17 | | 30YR FNMA 3.5 | 102.69 | -0.13 | | 30YR GNMA 3.0 | 102.84 | -0.28 | | 30YR GNMA 3.5 | 103.84 | -0.09 | | 15YR FNMA 3.0 | 102.47 | +0.03 | | 15YR FNMA 2.5 | 101.42 | +0.03 |
| 2 YR | 1.4865% | +0.0131 | | 5 YR | 1.4234% | +0.0270 | | 10 YR | 1.5623% | +0.0606 | | 30 YR | 2.0443% | +0.0900 | | Prices as of: 8/16/2019 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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