Thursday November 30, 2017 Mortgage Rate Watch - 4:12PM Mortgage Rates Hit 1-Month Highs There are several news stories out today that reference LOWER rates this week. These all rely on stale survey data that failed to account for changes over the past 2 days. Mortgage ... MND NewsWire - 9:57AM Are New Loan Limits Already At Risk? The issue of Fannie Mae and Freddie Mac and their about-to-be-zero capital buffers has fallen off the radar in recent months, but apparently there is some movement behind the scenes ... MND NewsWire - 12:29PM Loan Production Expenses Hurt Bank Profits Mortgage bank profits declined in the third quarter of 2017 when compared to the second quarter, but remained substantially higher than in the two rather disastrous quarters that preceded ... MBS Commentary - 9:40AM MBS Day Ahead: Bonds on Edge as Tax Vote Could Come At Any time Bonds are beginning the day in roughly unchanged territory, but that's not a good thing as far as the bigger picture is concerned. "Unchanged territory" means that yields are right ... Lender Survey of Issues; Servicing News and Primer - Values Matter HUD Cries "Foul" on Travel Expenses; UDAAP Ruling on Discount Points Latest Video More News from 'Around the Web' Bloomberg - 4:42PM Mester Joins Powell Seeing Case Building for December Fed Hike Fannie Mae - 4:41PM Fannie Mae Releases October 2017 Monthly Summary ... CNBC - 3:54PM Senate tax bill would pay for less than half of proposed cuts, congressional analysis says Reuters - 2:54PM House resorting to series of temporary funding bills Reuters - 1:35PM Dow tops 24,000 as tax bill garners crucial support CNBC - 12:36PM Fed's Quarles warns of 'serious financial stability issues' from cryptocurrencies Calculated Risk Blog - 11:58AM Hotel Occupancy Rate Increased Year-over-Year, On Pace for Record Year webfeeds.brookings.edu - 11:29AM Hutchins Roundup: Student loan nudges, slow productivity growth and interest rates, and more CNBC - 11:06AM McCain will support Senate tax bill, boosting its chances of passage freddiemac.mwnewsroom.com - 10:03AM Mortgage Rates Inch Lower CNBC - 9:47AM US weekly jobless claims total 238,000, vs 240,000 expected eyeonhousing.org - 9:38AM Growth Rate for Residential Construction Loans Picks Up Calculated Risk Blog - 9:38AM Personal Income increased 0.4% in October, Spending increased 0.3% Bloomberg - 8:27AM Mortgage Industry Panics Over Obscure Provision in Senate Tax Bill Reuters - 8:25AM Senate takes step toward passage of tax bill, vote likely this week Calculated Risk Blog - 8:25AM Policy Mistakes Bloomberg - 8:24AM Cash Will Be King Again in 2018, Dethroning Government Bonds | 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 | 3.90% | 0.50 | -0.05 | 15 Yr. Fixed | 3.30% | 0.50 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.32% | 0.30 | +0.11 | 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 | 99.75 | -0.19 | 30YR FNMA 3.5 | 102.53 | -0.16 | 30YR GNMA 3.0 | 100.97 | +0.02 | 30YR GNMA 3.5 | 103.61 | +0.03 | 15YR FNMA 3.0 | 101.88 | -0.11 | 15YR FNMA 2.5 | 99.80 | -0.13 |
2 YR | 1.7860% | +0.0201 | 5 YR | 2.1391% | +0.0332 | 10 YR | 2.4096% | +0.0214 | 30 YR | 2.8284% | +0.0047 | Prices as of: 11/30/2017 4:55PM 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 | |