Mortgage Rate Watch

Mortgage Rates Explode Higher. Anything Quoted Before Right Now is LONG Gone

If you received a mortgage rate quote any time in the past few days or weeks, unless it was at the end of the business day on Monday, March 14th, you're looking at a relic of a bygone era. Print it out and hang it up in the halls of Woulda, Sh... (read more)

MBS Commentary

MBS Live Recap: What's Up With Today's Massive Sell-Off In Bonds?

What's Up With Today's Massive Sell-Off In Bonds? Bonds tanked hard today. Losses were in place right from the outset and things only got worse as the day progressed. The leading explanation focus... (read more)

Rob Chrisman

Sales Tools; BI, Digital Processing, VOE, Servicing Products; FHA, VA, and Rural News

Today’s commentary: 100 percent the truth except for the stuff I make up randomly. I am not making up the Federal Reserve’s meeting this week with traders nearly certain that a 25-basis point rate hike will be announced. And I am not making up today’... (read more)

Rate

Change

Points

Mortgage News Daily

30 Yr. Fixed

4.41%

+0.12

0.40

15 Yr. Fixed

3.72%

+0.18

0.40

30 Yr. FHA

3.88%

+0.13

0.00

30 Yr. Jumbo

3.85%

+0.09

0.00

5/1 ARM

4.00%

+0.25

0.50

Updates Daily - Last Update: 3/14

Rate

Change

Points

Freddie Mac

30 Yr. Fixed

3.89%

-0.03

0.80

15 Yr. Fixed

3.14%

-0.01

0.70

5/1 Yr. ARM

2.98%

0.00

0.30

Updates Weekly - Last Update: 2/24

Mortgage Bankers Assoc.

30 Yr. Fixed

4.09%

-0.06

0.44

15 Yr. Fixed

3.39%

-0.08

0.46

30 Yr. Jumbo

3.79%

-0.09

0.39

Updates Weekly - Last Update: 3/9

Price / Yield

Change

MBS

UMBS 3.0

98.69

-0.92

UMBS 3.5

100.98

-0.77

GNMA 3.0

99.98

-0.73

GNMA 3.5

101.89

-0.59

Pricing as of: 3/14 5:21PM EST

Price / Yield

Change

US Treasury

2 YR Treasury

1.865

+0.119

5 YR Treasury

2.098

+0.149

7 YR Treasury

2.157

+0.156

10 YR Treasury

2.144

+0.147

30 YR Treasury

2.483

+0.130

Pricing as of: 3/14 5:21PM EST