September 9, 2022

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MBS Commentary

Fairly Inconsequential Friday Ahead of a Very Consequential Week Ahead

Fairly Inconsequential Friday Ahead of a Very Consequential Week Ahead Despite feeling like a bumpy ride at times, the bond market actually didn't do anything too interesting today--at least in the context of... (read more)

Rob Chrisman

New Mortgage Products, Vendor Updates, Wholesale News; Can Powell Avoid Spooking Markets?

Whether it is independent mortgage banks or companies with the largest market caps in the world, new products are being developed and rolled out to help drive growth. Apple unveiled new iPhone models, versions of the AirPods Pro, and several smartwat... (read more)

Mortgage Rates

Mortgage Rates Steady to Slightly Higher

30 Yr. Fixed Rate

5.97% -0.04%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	5.97%	-0.04	0.00
15 Yr. Fixed	5.26%	-0.03	0.00
30 Yr. FHA	5.38%	-0.02	0.00
30 Yr. Jumbo	5.30%	+0.22	0.00
5/1 ARM	5.95%	-0.01	0.00
30 Yr. VA	5.42%	-0.03	0.00
Updates Daily - Last Update: 9/9

15 Yr. Fixed Rate

5.26% -0.03%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	5.66%	+0.11	0.80
15 Yr. Fixed	4.98%	+0.13	0.80
5/1 Yr. ARM	4.51%	+0.15	0.40
Updates Weekly - Last Update: 9/1

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	5.94%	+0.14	0.79
15 Yr. Fixed	5.23%	+0.13	0.86
30 Yr. Jumbo	5.46%	+0.14	0.40
Updates Weekly - Last Update: 9/7

MBS / Treasuries

Fairly Inconsequential Friday Ahead of a Very Consequential Week Ahead

UMBS 30YR 4.5

98.91 +0.00

Price / Yield	Change
MBS
UMBS 4.5	98.91	0.00
UMBS 5.0	100.66	+0.08
GNMA 4.5	99.59	-0.02
GNMA 5.0	101.14	+0.02
Pricing as of: 9/9 5:41PM EST

10 Year US Treasury

3.3154 -0.0073

Price / Yield	Change
US Treasury
2 YR Treasury	3.563	+0.051
5 YR Treasury	3.437	+0.009
7 YR Treasury	3.404	-0.005
10 YR Treasury	3.315	-0.007
30 YR Treasury	3.449	-0.028
Pricing as of: 9/9 5:41PM EST

Latest Video

How the Fed is impacting the housing market

Fed will raise interest rates to 4% 'hell or high water,' says former Fed V...

Housing wealth drops as tappable equity falls

The 9am Bond Report - September 9, 2022

Around the Web

CNBC

Confused about the housing market? Here's what's happening now and what could happen next

Calculated Risk Blog

Q3 GDP Tracking: Just Over 1%

medium

The “How and When” of the Fed’s Balance Sheet Runoff

Calculated Risk Blog

Fed's Flow of Funds: Household Net Worth Decreased $6.1 Trillion in Q2

CNBC

Fed's Waller sees 'significant' rate hike this month, backs data-dependent approach

Bloomberg

Fed’s Evans Sees Another Jumbo Rate Hike on Table in September

CNBC

Citi expands program to help diverse communities reach 'transformational' homeownership milestone. Here's who qualifies

Calculated Risk Blog

1st Look at Local Housing Markets in August, Sales and New Listings Down Sharply Year-over-year

Eye on Housing

Median Price of a New Age-Restricted Home Up to $472,000

Eye on Housing

AD&C Loan Balances Rise as Sales Slow

CNBC

U.S. Treasury yields little changed following ECB's aggressive rate hike

Calculated Risk Blog

Leading Index for Commercial Real Estate "Dips" in August

CNBC

European markets look set to rise after record ECB rate hike

Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc.

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