Mortgage Rate Watch

It's Official: Highest Rates in 3 Years (But Today's Move Was Minimal)

It was potentially a very boring or interesting day for mortgage rates, depending on where you get your news and how tuned in you were to yesterday's news. In fact, rates moved up to new multi-year highs every single day so far this week.&n... (read more)

MBS Commentary

MBS Live Recap: Mixed Day For Bonds; MBS Outperform

Mixed Day For Bonds; MBS Outperform Today's trading session had a bit an anticlimactic "day after" vibe following the bigger drama associated with yesterday's Fed announcement. There were gains across t... (read more)

Rob Chrisman

Company Sponsored Events, Compliance Products; Pool of Loans for Sale to CUs; CFPB and UDAAP

Walking around Memphis yesterday got me to thinking, “I wonder what the part of my brain that used to store people’s phone numbers is doing now.” Maybe being used to store cool ads like the one in the joke section below, or lyrics of old songs? Thank... (read more)

Rate

Change

Points

Mortgage News Daily

30 Yr. Fixed

4.50%

+0.02

0.40

15 Yr. Fixed

3.88%

+0.03

0.00

30 Yr. FHA

4.00%

0.00

30 Yr. Jumbo

3.95%

0.00

5/1 ARM

3.82%

0.00

1.00

Updates Daily - Last Update: 3/17

Rate

Change

Points

Freddie Mac

30 Yr. Fixed

4.16%

+0.31

0.80

15 Yr. Fixed

3.39%

+0.30

0.80

5/1 Yr. ARM

3.19%

+0.22

0.20

Updates Weekly - Last Update: 3/17

Mortgage Bankers Assoc.

30 Yr. Fixed

4.27%

+0.18

0.54

15 Yr. Fixed

3.55%

+0.16

0.46

30 Yr. Jumbo

4.02%

+0.23

0.37

Updates Weekly - Last Update: 3/16

Price / Yield

Change

MBS

UMBS 3.5

100.91

+0.25

UMBS 4.0

102.89

+0.20

GNMA 3.5

101.67

+0.08

GNMA 4.0

103.14

+0.08

Pricing as of: 3/17 5:21PM EST

Price / Yield

Change

US Treasury

2 YR Treasury

1.920

-0.028

5 YR Treasury

2.151

-0.037

7 YR Treasury

2.199

-0.027

10 YR Treasury

2.178

-0.014

30 YR Treasury

2.473

+0.009

Pricing as of: 3/17 5:21PM EST