Wednesday June 16, 2021 Mortgage Rate Watch - 4:42PM Rates Jump After Fed Announcement Mortgage rates were already drifting higher in the first half of the week, but that was nothing compared to today. This afternoon's Fed Announcement was certainly on the radar as a ... MBS Commentary - 2:00PM Differences Between Previous and Current FOMC Statements The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability ... MND NewsWire - 10:22AM May Housing Starts Post Modest Recovery from April's Slump Housing starts recovered in May after falling more than 9 percent in April but permitting had another lackluster month. The U.S. Census Bureau and Department of Housing and Urban Development ... MND NewsWire - 8:13AM Rising Lumber and Material Costs Put a Dent in Builder Confidence The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) dropped 2 points in June. The Index, a measure of home builders' confidence in the market ... MBS RECAP: Bonds Blasted By Fed's Salty Dots MLO, AE Jobs; Servicing, Sales, TPO, VOI Products; Fannie and Agency Shifts Continue: 3 Instead of 7 Percent NOO Cap? MBS Day Ahead: Fed Day! What's at Stake? (Hypothetical Dot Plot Included) How Second Home Sales are Driving Price Gains Mortgage Application Volume Rises After Three Straight Losses Latest Video More News from 'Around the Web' Reuters - 4:35PM U.S. fed funds futures raise rate hike chances in early 2023 after Fed statement CNBC - 2:26PM Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper CNBC - 2:26PM The typical home price is up a 'record' 13.2% compared to last year, according to Zillow www.nar.realtor - 12:44PM Instant Reaction: Housing Starts, June 16, 2021 Calculated Risk Blog - 12:40PM California May Housing: Sales up 87% YoY, "Signs of cooling" Reuters - 11:07AM U.S. housing starts miss expectations amid higher lumber prices Reuters - 9:50AM Fed expected to signal start of monetary policy shift debate Reuters - 9:21AM U.S. housing starts rise less than expected in May; building permits fall www.redfin.com - 8:42AM Housing-Market Competition Has Eased Slightly, But 7 in 10 Buyers Still Face Bidding Wars CNBC - 8:03AM After traders get past this tricky Fed meeting, a confusing second half awaits CNBC - 8:03AM Treasury yields fall slightly despite looming Fed policy verdict | Today's Rates Average Mortgage Rates 30 Yr. Fixed | 3.17% | 0.30 | -0.03 | 15 Yr. Fixed | 2.55% | 0.30 | -0.10 | 30 Yr. Jumbo | 3.28% | 0.30 | -0.06 | 30 Yr. FHA | 3.12% | 0.24 | -0.03 | 5/1 ARM | 2.59% | 0.47 | -0.08 |
30 Yr. Fixed | 2.96% | 0.70 | -0.03 | 15 Yr. Fixed | 2.23% | 0.60 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.55% | 0.20 | -0.09 | 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 UMBS 2.0 | 100.16 | -0.77 | 30YR UMBS 2.5 | 102.77 | -0.59 | 30YR GNMA 2.0 | 101.03 | -0.64 | 30YR GNMA 2.5 | 102.52 | -0.50 | 15YR UMBS 2.0 | 102.67 | -0.47 | 15YR UMBS 2.5 | 104.09 | -0.25 |
2 YR | 0.2092% | +0.0442 | 5 YR | 0.8970% | +0.1180 | 10 YR | 1.5788% | +0.0899 | 30 YR | 2.2087% | +0.0237 | Prices as of: 6/16/2021 5:01PM 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 | |