Thursday July 12, 2018 MND NewsWire - 3:06PM Inflation Data Shows Deceleration in Housing Costs While the Labor Department's Employment Situation Report for June showed wages plodding along at a 2.7 percent annual increase, unchanged from May, it is still being outstripped by ... MND NewsWire - 2:57PM New Home Sales Need More Trees and Contractors The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for June, putting them significantly behind those in June 2017. MBA's Builder Applications Survey (BAS ... Mortgage Rate Watch - 5:18PM Mortgage Rates Still Can't Find Inspiration Mortgage rates stood a very decent chance to experience the highest volatility of the week today thanks to the most important economic data of the week being released this morning. ... MBS Commentary - 9:51AM MBS Day Ahead: Stocks and Bonds Telling Different Stories This morning's key data release is already out and it's already proven to be a dud (MBS Live members can read the update HERE ). So we'll head to higher altitude to check in with bigger ... MBS RECAP: Bonds Hold Steady Despite Big Ticket Events Full Radio Interview With Fed Chair Powell UW and API products; FHA/VA/Ginnie Updates; DACA Policy Latest Video More News from 'Around the Web' Calculated Risk Blog - 4:34PM Hotels: Occupancy Rate decreased Year-over-Year CNBC - 3:52PM Fed's Powell says economy is in 'good place' but tariffs could change that Reuters - 2:50PM Fed's escape from crisis holdings could hit dead end www.realtor.com - 2:42PM High Rollers Keep Rolling: Luxury Home Sales and Prices Soar CNBC - 1:10PM Universal basic income would cost the US up to $3.8 trillion per year  Bridgewater estimate Calculated Risk Blog - 12:00PM Key Measures Show Inflation increased YoY in June CNBC - 11:38AM The housing shortage may be turning, warning of a price bubble Bloomberg - 11:20AM Charting the Trade-War Fallout Through Commodities From Soy to Copper Reuters - 10:20AM Beijing urges U.S. firms in China to lobby Washington over trade war CNBC - 9:21AM Fed official: 'We could end up getting behind if we don't keep moving things up' Calculated Risk Blog - 9:02AM BLS: CPI increased 0.1% in June, Core CPI increased 0.2% Calculated Risk Blog - 8:40AM Weekly Initial Unemployment Claims decreased to 214,000 Reuters - 8:08AM Goodbye inverted yield curve? Fed looks for alternative signals to guide policy Bloomberg - 8:07AM High-Yield Borrowers Play Catch Up After Pre-Summer Window Opens Bloomberg - 8:07AM US Yield Curve Will Invert in Mid-2019, Morgan Stanley Says Bloomberg - 8:07AM Americans Burdened by Increasing Housing Costs, Slow Wage Gains | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.65% | 1.14 | +0.09 | 30 Yr. Fixed | 4.19% | 1.21 | +0.02 |
30 Yr. Fixed | 4.68% | 0.46 | -0.01 | 15 Yr. Fixed | 4.12% | 0.51 | +0.05 | 30 Yr. Jumbo | 4.55% | 0.37 | +0.00 | 30 Yr. FHA | 4.69% | 0.81 | -0.04 | 5/1 ARM | 3.83% | 0.68 | -0.10 |
30 Yr. Fixed | 4.53% | 0.40 | +0.01 | 15 Yr. Fixed | 4.02% | 0.40 | +0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.86% | 0.30 | +0.12 | 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 | 96.88 | -0.02 | 30YR FNMA 3.5 | 99.50 | 0.00 | 30YR GNMA 3.0 | 98.13 | +0.02 | 30YR GNMA 3.5 | 100.45 | 0.00 | 15YR FNMA 3.0 | 99.39 | 0.00 | 15YR FNMA 2.5 | 97.17 | +0.02 |
2 YR | 2.5900% | +0.0165 | 5 YR | 2.7485% | +0.0102 | 10 YR | 2.8491% | +0.0091 | 30 YR | 2.9469% | +0.0046 | Prices as of: 7/12/2018 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 | |