Tuesday October 23, 2018 Mortgage Rate Watch - 5:05PM Mortgage Rates Barely Budge Despite Market Volatility Mortgage rates didn't move much for the second day this week. Unlike yesterday, there was a relatively massive amount of volatility in underlying financial markets. This was especially ... MBS Commentary - 4:56PM An Update on MBS Underperformance vs Treasuries Duration is a key variable in deciding value to bond investors investors. In fact, many investors have a duration target for their portfolio. Duration changes differently for MBS vs ... MND NewsWire - 11:53AM Carson Plan: Deregulation to Promote Affordable Housing Remember the old Point/Counterpoint segment on CBS's 60 Minutes? Two political commentators, a far right conservative and an equally lefty liberal argued the merits or lack of a current ... Pipeline Press - 9:56AM Loan Limit Thoughts; Long List of Credit Changes and Lender Updates Historically the FHFA, and with it Freddie and Fannie, announce official loan levels for the following year soon after Thanksgiving . (There are always rumors prior.) The loan limits ... MBS Day Ahead: Consolidation Breakout Sets Up Important Test For Bonds Training & Events; False Claims Penalty; Lender Products & Services Latest Video More News from 'Around the Web' www.consumerfinancemonitor.com - 5:25PM CFPB Releases HMDA 2019 Filing Instructions Guide Reuters - 4:56PM Wall St. falls on earnings worries but pares losses Reuters - 4:56PM Tariffs begin to take bite out of U.S. corporate earnings growth Reuters - 4:03PM Wall St. cuts losses as investors snap up shares CNBC - 2:42PM With homebuilding stocks down 40%, investors hope Fed gets the message and slows rate hikes CNBC - 1:42PM The Federal Reserve doesn't need to 'keep our foot on the gas pedal' anymore, Fed's Bostic says CNBC - 1:42PM Home buyers: Here's what higher mortgage rates will cost you in these cities CNBC - 11:07AM Former Fed Chairman Paul Volcker thinks 'we're in a hell of a mess' Bloomberg - 11:06AM Treasuries Gain Most Since May With Stocks Slumping, Italy Concern CNBC - 9:58AM EU rejects Italy's budget plan for 2019, sending bond yields higher Reuters - 8:23AM Shares sink toward one-year low as bears bite again Bloomberg - 8:20AM Goldman Warns It's Not Over Yet for Italian Debt Market Woes CNBC - 8:19AM US Treasury yields slip amid geopolitical jitters www.redfin.com - 8:18AM A Typical Boston Homebuyer's Monthly Housing Costs Jumped $225 Thanks to This Year's Mortgage Rate Hikes | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 4.15% | 1.16 | -0.02 | 30 Yr. Fixed | 4.78% | 1.15 | +0.01 |
30 Yr. Fixed | 4.96% | 0.49 | -0.01 | 15 Yr. Fixed | 4.39% | 0.50 | +0.01 | 30 Yr. Jumbo | 4.93% | 0.31 | +0.01 | 30 Yr. FHA | 4.95% | 0.80 | +0.01 | 5/1 ARM | 4.24% | 0.48 | +0.02 |
30 Yr. Fixed | 4.85% | 0.50 | -0.05 | 15 Yr. Fixed | 4.26% | 0.40 | -0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 4.10% | 0.30 | +0.03 | 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 | 94.59 | +0.17 | 30YR FNMA 3.5 | 97.36 | +0.13 | 30YR GNMA 3.0 | 95.77 | +0.22 | 30YR GNMA 3.5 | 98.23 | +0.17 | 15YR FNMA 3.0 | 98.06 | +0.16 | 15YR FNMA 2.5 | 95.63 | +0.06 |
2 YR | 2.8832% | -0.0292 | 5 YR | 3.0137% | -0.0361 | 10 YR | 3.1714% | -0.0283 | 30 YR | 3.3697% | -0.0210 | Prices as of: 10/23/2018 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 | |