August 19, 2024

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MBS Commentary

Uneventful Summertime Monday

Uneventful Summertime Monday Monday started slow and stayed slow throughout. MBS held well within the narrowed intraday trading range in nearly a month in addition to hitting the 3pm bell at exactly the... (read more)

Mortgage Rate Watch

Mortgage Rates Move a Hair Lower to Start The New Week

After the intense volatility seen earlier in August, the average change for mortgage rates on any given day has been shrinking. Last week was a mere shadow of the former week which, in turn, was nowhere close to the week before that. If Monday is an... (read more)

Rob Chrisman

HELOC Data, Broker, Correspondent Processing Tools; Investor Disaster News

A quick note for anyone coming to the California MBA’s Western Secondary via LAX and taking a ride share to the venue: grab the lime green shuttle bus and don’t even try to request a ride until you reach the pick-up area. At roughly 700, the attendan... (read more)

Mortgage Rates

30 Yr. Fixed Rate

6.53% -0.03%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	6.53%	-0.03	0.00
15 Yr. Fixed	6.13%	-0.01	0.00
30 Yr. FHA	6.05%	-0.05	0.00
30 Yr. Jumbo	6.72%	-0.01	0.00
7/6 SOFR ARM	6.45%	+0.07	0.00
30 Yr. VA	6.07%	-0.05	0.00
Updates Daily - Last Update: 8/19

15 Yr. Fixed Rate

6.13% -0.01%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	6.49%	+0.02	0.00
15 Yr. Fixed	5.66%	+0.03	0.00
Updates Weekly - Last Update: 8/15

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	6.54%	-0.01	0.57
15 Yr. Fixed	5.96%	-0.07	0.65
30 Yr. Jumbo	6.78%	+0.01	0.37
Updates Weekly - Last Update: 8/14

MBS / Treasuries

UMBS 30YR 5.5

100.58 -0.05

Price / Yield	Change
MBS
UMBS 5.5	100.58	-0.05
UMBS 6.0	101.72	-0.02
GNMA 5.5	100.58	+0.04
GNMA 6.0	101.29	+0.06
Pricing as of: 8/19 5:31PM EST

10 Year US Treasury

3.8754 -0.0057

Price / Yield	Change
US Treasury
2 YR Treasury	4.072	+0.021
5 YR Treasury	3.762	+0.005
7 YR Treasury	3.794	-0.001
10 YR Treasury	3.875	-0.006
30 YR Treasury	4.126	-0.014
Pricing as of: 8/19 5:31PM EST

Latest Video

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Eye on Housing

Best Quarter for Custom Home Building in Almost Two Years

The Basis Point

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Marketwatch

New-home construction plunges to lowest level since May 2020

Eye on Housing

Townhouse Construction Gains Continue

Calculated Risk Blog

Housing Starts Decreased to 1.238 million Annual Rate in July

Calculated Risk Blog

Early Q3 GDP Tracking: Low-to-Mid 2%

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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