Tuesday May 15, 2018 Mortgage Rate Watch - 4:02PM Mortgage Rates Jump to 7-Year Highs Mortgage rates spiked in a big way today, bringing some lenders to the highest levels in nearly 7 years (you'd need to go back to July 2011 to see worse). That heavy-hitting headline ... MND NewsWire - 10:37AM Builder Confidence Perks Up After Three-Month Slide The National Association of Home Builders (NAHB) and Wells Fargo said on Tuesday that builder confidence in the new home market ticked up two points on their Housing Market Index (HMII ... MBS Commentary - 9:51AM MBS Day Ahead: Since The 1980's, Only 3 Other Days Like Today I hate clickbait with a passion. Today's title might sound like clickbait. Do I really expect you to believe that there have only been 4 days like today since the 1980's when it comes ... Pipeline Press - 9:12AM Marketing Products; Training on Underwriting, Compliance, and Business Income Legal eagles out there are buzzing about PHH deciding not to appeal the U.S. Court of Appeals for D.C.’s January decision in its CFPB challenge. Recall that four months ago the ... Home Prices Driven up by Inventories, Again Union Home and Alliance Deal; Reverse Mortgage Changes; Fed Speeches This Week Latest Video More News from 'Around the Web' Reuters - 3:53PM At top of Fed, a dispute on policy picks up steam CNBC - 3:53PM Rising rates could be problematic because the typical money manager working today has never dealt with them before Bloomberg - 3:53PM Big Short on Treasuries Is Proving Both Popular and Profitable Calculated Risk Blog - 3:52PM Phoenix Real Estate in April: Sales down 9%, Inventory down 26% YoY CNBC - 2:53PM House expected to vote on Senate bill rolling back some bank rules next week Bloomberg - 2:52PM Tax Changes Force Cash-Hoarding Companies to Sell Bonds CNBC - 1:44PM There are a number of forces in place that could keep pushing rates even higher Washington Post - 1:44PM Trump's Fed nominees say they will 'absolutely' keep the central bank independent of the White House CNBC - 12:03PM Mortgage rates are surging to the highest level in 7 years Bloomberg - 11:40AM Kaplan Says Fed Should Avoid 'Knowingly' Inverting Yield Curve Bloomberg - 11:17AM Volcker Rule Rewrite Is Said to Drop Key Trading Burden on Banks Bloomberg - 10:57AM US 10-Year Yield Reaches Highest Since 2011 as Rout Deepens freddiemac.mwnewsroom.com - 9:56AM Freddie Mac Forgoes Issuing a Reference Notes Security on its May 15, 2018 Announcement Date CNBC - 9:11AM The one area of the market that may be secretly wishing for inflation: retail CNBC - 9:11AM US retail sales rose 0.3% in April, matching expectations IMF - 8:51AM Mapping Income Polarization in the United States Reuters - 8:51AM Home Depot misses comparable-sales forecasts as spring selling dips | 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 | 4.55% | 0.50 | +0.00 | 15 Yr. Fixed | 4.01% | 0.40 | -0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.77% | 0.30 | +0.08 | 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 | 95.27 | -0.75 | 30YR FNMA 3.5 | 98.44 | -0.44 | 30YR GNMA 3.0 | 97.06 | -0.22 | 30YR GNMA 3.5 | 99.55 | -0.38 | 15YR FNMA 3.0 | 98.69 | -0.25 | 15YR FNMA 2.5 | 96.63 | -0.25 |
2 YR | 2.5766% | +0.0250 | 5 YR | 2.9168% | +0.0547 | 10 YR | 3.0723% | +0.0699 | 30 YR | 3.1991% | +0.0668 | Prices as of: 5/15/2018 4:39PM 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 | |