Friday January 12, 2018 Mortgage Rate Watch - 8:00PM Mortgage Rates Avoid More Dire Outcomes After Inflation Report Mortgage rates caught a break yesterday by moving lower for the first time this week. They arguably caught a break again today by not moving any higher than they did. Underlying bond ... MBS Commentary - 7:58PM MBS RECAP: China Must be Buying I laughed out loud today--something I rarely do when reading typed words--after MBS Live cornerstone Sung Kim quipped "thank God China is buying today!" This joke works on so many levels ... Pipeline Press - 9:14AM Broker News; Mergers/Acquisitions; Guild to Buy Cornerstone Plenty of people tell me that I’m “long in the tooth.” (A way of gauging a horse’s age.) Tooth? Thanks to Emily W. for sending in something that all of us have ... MBS Commentary - 8:34AM MBS Day Ahead: CPI is the New NFP, Sometimes A majority of market participants (or their mentors) were steeped in the extraordinary inflation/rate volatility of the late 70's and early 80's. As the recovery from the financial ... Growing Concerns Over VA Loan Churning New Home Sales Defy Holiday Lull, Rising in December Latest Video More News from 'Around the Web' www.realtor.com - 3:21PM Palm Beach Notches Big-Ticket Home Sales CNBC - 1:56PM One former Fed governor is worried that no one is worried about the strong economy CNBC - 1:54PM Bonds entering the Âdanger zone,' market watcher says Bloomberg - 12:37PM Death of Bond Bull Market Exaggerated as Volatility Signals Calm Reuters - 11:36AM Federal Reserve fines five banks to wrap up mortgage servicing charges www.nytimes.com - 11:00AM For Bond Investors, Low Expectations in a Low-Yield World CNBC - 10:24AM Markets getting increasingly comfortable with more rate hikes this year CNBC - 10:05AM Business inventories up 0.4% in November vs expectation of 0.2% gain CNBC - 9:16AM 2-year Treasury yield tops 2% for the first time since 2008 as inflation rises CNBC - 8:50AM US retail sales rise, while core sales are revised sharply higher CNBC - 8:49AM US core consumer prices post biggest gain in 11 months Reuters - 8:10AM JPMorgan profit beats on higher interest rates; debt trading down Bloomberg - 8:10AM There's Another Culprit for Treasury Rout Besides Japan and China CNBC - 8:08AM Wells Fargo beats earnings estimates but just misses on revenue | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.45% | 1.22 | -0.02 | 30 Yr. Fixed | 4.14% | 1.32 | -0.01 |
30 Yr. Fixed | 4.06% | 0.38 | -0.05 | 15 Yr. Fixed | 3.34% | 0.38 | -0.02 | 30 Yr. Jumbo | 3.96% | 0.20 | -0.04 | 30 Yr. FHA | 3.98% | 0.35 | -0.04 | 5/1 ARM | 3.14% | 0.31 | -0.12 |
30 Yr. Fixed | 3.99% | 0.50 | +0.04 | 15 Yr. Fixed | 3.44% | 0.50 | +0.06 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.46% | 0.40 | +0.01 | 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 | 99.19 | -0.11 | 30YR FNMA 3.5 | 101.94 | -0.09 | 30YR GNMA 3.0 | 100.44 | 0.00 | 30YR GNMA 3.5 | 102.98 | +0.02 | 15YR FNMA 3.0 | 101.45 | -0.05 | 15YR FNMA 2.5 | 99.39 | -0.05 |
2 YR | 2.0017% | +0.0211 | 5 YR | 2.3465% | +0.0223 | 10 YR | 2.5498% | +0.0131 | 30 YR | 2.8523% | -0.0150 | Prices as of: 1/12/2018 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 | |