Thursday September 5, 2019 MBS Commentary - 10:00AM MBS Day Ahead: Beware the Bounce In the day just passed, the bond market endured a bit of selling pressure courtesy of various overseas developments and an onslaught of corporate bond issuance. Treasuries were resilient ... Mortgage Rate Watch - 3:50PM Mortgage Rates Are Higher (Not Lower) Versus Last Week Mortgage rates walked back a decent chunk of their recent improvements today. This claim runs counter to almost any other coverage you'll see, but I'm right and they're wrong. Actually ... MND NewsWire - 11:24AM Fewer Prospective Home Buyers Are Actively in the Market Fewer prospective homeowners are making the move from thinking about buying to actively shopping than a year ago, according to a new study by the National Association of Home Builders ... MND NewsWire - 10:58AM Equity Lending Faces Mixed Future A new study by the Mortgage Bankers Association (MBA) looks at lending and servicing of home equity lines of credit (HELOCs) and closed-end home equity loans (HE Loans.) The study finds ... Residential Construction Spending Drops Further Off 2018 Pace CRA, MI, HMDA Dashboard Products; Freddie and Fannie Changes Latest Video More News from 'Around the Web' Bloomberg - 4:22PM Trump's Fannie-Freddie Redo Faces âÂÂReality' Limits, Beacon Says CNBC - 3:40PM The Fed is expected to cut rates only a quarter point, and that may not satisfy markets Bloomberg - 3:39PM Bond Bulls Get Big Reminder That Treasuries Aren't One-Way Trade - Bloomberg CNBC - 2:10PM Opendoor, online house-flipper, buys title company OS National in bid to own more of residential real estate market Bloomberg - 2:09PM Shiller Says U.S. Home Prices Could Start Falling - Bloomberg Calculated Risk Blog - 10:20AM ISM Non-Manufacturing Index increased to 56.4% in August www.consumerfinancemonitor.com - 9:49AM The Fed's entry into real-time payments: commercial and contractual implications CNBC - 8:39AM US second-quarter productivity unrevised at 2.3% CNBC - 8:22AM China and US agree to meet in October for trade negotiations CNBC - 8:21AM Private payroll growth jumps by 195,000 in August vs. 140,000 estimate: ADP/Moody's CNBC - 8:05AM The Fed will cut rates by a quarter point this month, not a half point, WSJ says Reuters - 8:03AM Apple places $7 billion in return to bond market | 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 | 3.49% | 0.50 | -0.09 | 15 Yr. Fixed | 3.00% | 0.60 | -0.06 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.30% | 0.40 | -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 | 101.91 | -0.31 | 30YR FNMA 3.5 | 102.66 | -0.20 | 30YR GNMA 3.0 | 103.16 | -0.30 | 30YR GNMA 3.5 | 103.94 | -0.22 | 15YR FNMA 3.0 | 102.52 | -0.17 | 15YR FNMA 2.5 | 101.33 | -0.25 |
2 YR | 1.5361% | +0.1002 | 5 YR | 1.4374% | +0.1160 | 10 YR | 1.5670% | +0.0963 | 30 YR | 2.0570% | +0.0731 | Prices as of: 9/5/2019 4:36PM 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 | |