Thursday February 28, 2019 MND NewsWire - 6:24PM Homeownership is Highest Since 2014 The Census Bureau reported on Thursday that the national homeownership rate rose slightly in the fourth quarter of 2018 to 64.8 percent , up from 64.4 percent in the third quarter and ... MND NewsWire - 11:37AM This Isn't Your Father's Cash Out Refi The share of cash-out refinances spiked in 2017 and 2018 in a manner similar to what happened just before the Great Recession. The share jumped to 50 percent in 2017 and 61 percent ... Mortgage Rate Watch - 6:00PM Mortgage Rates Spike to 2-Week Highs Mortgage rates moved quickly higher today following stronger-than-expected economic data. Rates are driven by the bond market. Bonds are safe-haven assets. When the economy is stronger ... MBS Commentary - 9:53AM MBS Day Ahead: Biggest Threat To The Range, But There's a Catch As many of you are likely tired of hearing, bonds have been locked in an increasingly narrow trading range for weeks. The bounces at the boundaries have been almost perfectly well behaved ... Non-QM Products; Personnel Moves; Lender Profit Study; PennyMac/MCT API Bidding News A Surprise in Pending Sales Kicks Off 2019 Latest Video More News from 'Around the Web' CNBC - 3:44PM After slow start, tax refunds are ticking up, with the average check now more than $3,000 eyeonhousing.org - 2:30PM Strong Owner Household Formations in 2018 Reuters - 2:29PM U.S. economic growth in 2018 misses Trump's 3 percent target Bloomberg - 2:27PM U.S. Consumer Comfort Rises as Personal Finance Outlook Improves www.realtor.com - 12:49PM Mortgage Rates Stay Subdued as Housing Reform Issues Grab the Spotlight CNBC - 11:19AM Most millennial homeowners have buyer's remorse, a new survey shows Calculated Risk Blog - 10:56AM HVS: Q4 2018 Homeownership and Vacancy Rates www.consumerfinancemonitor.com - 10:33AM This week's podcast: a discussion of the CFPB's annual report on servicemember complaints Reuters - 9:50AM Brexit riddle goes on: May's deal, delayed no-deal or referendum? Calculated Risk Blog - 9:04AM Weekly Initial Unemployment Claims increased to 225,000 CNBC - 8:23AM Fed's Clarida emphasizes 'patient' approach to further rate hikes CNBC - 8:11AM Ray Dalio, manager of the world's biggest hedge fund, lowers his odds of a recession CNBC - 8:02AM Powell just wrapped up his Capitol Hill testimony  here's what experts are watching now | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 4.22% | 1.43 | -0.12 | 30 Yr. Fixed | 4.78% | 1.18 | -0.20 |
30 Yr. Fixed | 4.65% | 0.42 | -0.01 | 15 Yr. Fixed | 4.00% | 0.38 | -0.04 | 30 Yr. Jumbo | 4.40% | 0.29 | -0.16 | 30 Yr. FHA | 4.64% | 0.48 | -0.04 | 5/1 ARM | 3.95% | 0.40 | -0.05 |
30 Yr. Fixed | 4.35% | 0.50 | +0.00 | 15 Yr. Fixed | 3.77% | 0.50 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.84% | 0.30 | +0.00 | 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 | 97.67 | -0.27 | 30YR FNMA 3.5 | 100.00 | -0.20 | 30YR GNMA 3.0 | 98.75 | -0.23 | 30YR GNMA 3.5 | 100.88 | -0.17 | 15YR FNMA 3.0 | 99.80 | -0.13 | 15YR FNMA 2.5 | 98.05 | -0.14 |
2 YR | 2.5182% | +0.0182 | 5 YR | 2.5156% | +0.0336 | 10 YR | 2.7168% | +0.0307 | 30 YR | 3.0818% | +0.0162 | Prices as of: 2/28/2019 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: 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 | |