Wednesday November 20, 2019 MND NewsWire - 10:48AM The Death of The Mortgage Broker Has Been Greatly Exaggerated Mortgage brokers have apparently reclaimed both their reputations and their market share in recent years according to Archana Pradhan, a risk management analyst for CoreLogic. She writes ... Mortgage Rate Watch - 4:45PM Mortgage Rates Lowest Since Halloween Mortgage rates are in the midst of a winning streak of moderate size and duration. Specifically, rates have improved by at least an eighth of a percentage point for the average lender ... MND NewsWire - 8:09AM Mortgage Applications Gain Momentum Despite Holiday Slump Despite the Veterans' Day holiday which shortened the work week of November 15, purchase mortgage applications gained momentum. The Mortgage Bankers Association said its Purchase Index ... MND NewsWire - 9:58AM MBA Says New Home Sales are on a Roll Applications for mortgages to purchase newly constructed homes surged in October and the Mortgage Bankers Association (MBA) is expecting that sales will follow suit. MBA's Builder Application ... MBS Day Ahead: Fed Meeting Minutes Likely a Non-Event Construction, Non-QM Products; Lots Going on at Fannie/Freddie Latest Video More News from 'Around the Web' Reuters - 2:53PM Wall Street drops on trade deal delay concerns Reuters - 2:53PM Fed minutes show rates on hold; not clear what would change that Calculated Risk Blog - 2:52PM CAR on California October Housing: Sales up 1.9% YoY, Inventory down 18% Reuters - 2:52PM 'Phase One' U.S.-China trade deal may not be completed this year: trade sources eyeonhousing.org - 2:52PM Multifamily Six-Year Streak of Gains Ended in 2018 Calculated Risk Blog - 11:15AM AIA: "Architecture Billings Index Rebounds After Two Down Months" CNBC - 10:32AM Fed's Lael Brainard says she wants to wait and see how economy is doing before moving rates again eyeonhousing.org - 9:29AM Single-Family Built-for-Rent Market: 3Q19 CNBC - 8:15AM China's economic slowdown amid US strength may cause it to strike a trade deal soon, Nomura says CNBC - 8:03AM What the Fed meeting minutes could say about interest rates that Powell didn't say | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 0.00% | 0.00 | +0.00 | 30 Yr. Fixed | 0.00% | 0.00 | +0.00 |
30 Yr. Fixed | 4.03% | 0.31 | +0.05 | 15 Yr. Fixed | 3.43% | 0.28 | +0.05 | 30 Yr. Jumbo | 3.98% | 0.22 | +0.01 | 30 Yr. FHA | 3.85% | 0.28 | +0.06 | 5/1 ARM | 3.40% | 0.17 | -0.03 |
30 Yr. Fixed | 3.75% | 0.60 | +0.06 | 15 Yr. Fixed | 3.20% | 0.50 | +0.07 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.44% | 0.40 | +0.05 | 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 | 101.47 | +0.06 | 30YR FNMA 3.5 | 102.66 | +0.03 | 30YR GNMA 3.0 | 102.80 | +0.08 | 30YR GNMA 3.5 | 103.66 | +0.03 | 15YR FNMA 3.0 | 102.23 | +0.05 | 15YR FNMA 2.5 | 100.88 | +0.09 |
2 YR | 1.5818% | -0.0184 | 5 YR | 1.5940% | -0.0314 | 10 YR | 1.7466% | -0.0394 | 30 YR | 2.2097% | -0.0416 | Prices as of: 11/20/2019 5:05PM 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 | |