Tuesday June 28, 2016 Mortgage Rate Watch - 3:28PM Mortgage Rates Lower Despite Bond Market Weakness Mortgage rates fell modestly today despite some weakness in underlying bond markets. Typically, when bond yields (which move inversely with bond prices) are rising, mortgage rates tend ... MND NewsWire - 4:47PM Cash-Outs Not Yet "Worrisome" Freddie Mac says that the trend toward increasing levels of cash out refinancing paused during the first quarter of 2016. The share of refinancing in which homeowners took a new mortgage ... MND NewsWire - 10:35AM Home Prices Climb as Brexit, Fall Elections Loom Both S&P/Case-Shiller and Black Knight Financial Services report that home prices continued to rise in April. Their numbers, while covering different universes and utilizing different ... MBS Commentary - 9:09AM MBS Day Ahead: Identifying Normal Pull-Back vs an Actual Reversal Bond rallies don't last forever 2 ways for rates to move higher: temporary, nominal corrections, and full-scale reversals Here's one easy way to tell which is which At the moment, bond ... Investor Disaster and Appraisal Updates; Do Election Years Impact The Economy? Could Homeownership Be Headed For 50 Percent? Latest Video More News from 'Around the Web' eyeonhousing.org - 4:42PM Housing Share of GDP Expands Calculated Risk Blog - 4:39PM Fannie Mae: Mortgage Serious Delinquency rate declined in May freddiemac.mwnewsroom.com - 4:39PM Freddie Mac Issues Monthly Volume Summary for May 2016 CNBC - 3:02PM Fed paralysis means 'purgatory' for big banks Market Watch - 2:48PM The Fed: Brexit won't cause financial crisis, Bernanke says Bloomberg - 11:48AM Draghi Shuns Brexit Debate in Call for Global Policy Alignment - Bloomberg Calculated Risk Blog - 10:11AM Case-Shiller: National House Price Index increased 5.0% year-over-year in April CNBC - 10:11AM Consumer confidence pops in June CNBC - 10:11AM CNBC explains: Brexit and 'Article 50' Bloomberg - 10:10AM Treasuries on Brink of History as Guggenheim Says Rally Not Over CNBC - 10:09AM Are reverse mortgages a very bad move or a great idea? CNBC - 8:26AM Market uncertainty rules after Brexit vote, analysts say The Atlantic - 8:20AM Would a Work-Free World Be So Bad? www.freddiemac.com - 8:19AM 55+ Renters: A Tale of Growing Demand | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.37% | 1.26 | -0.14 | 30 Yr. Fixed | 3.95% | 1.30 | -0.16 |
30 Yr. Fixed | 3.82% | 0.34 | -0.05 | 15 Yr. Fixed | 3.06% | 0.33 | -0.07 | 30 Yr. Jumbo | 3.74% | 0.31 | -0.05 | 30 Yr. FHA | 3.64% | 0.25 | -0.05 | 5/1 ARM | 2.93% | 0.22 | +0.02 |
30 Yr. Fixed | 3.56% | 0.60 | +0.02 | 15 Yr. Fixed | 2.83% | 0.50 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.74% | 0.50 | +0.00 | 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 | 103.61 | -0.06 | 30YR FNMA 3.5 | 105.39 | -0.06 | 30YR GNMA 3.0 | 104.25 | -0.05 | 30YR GNMA 3.5 | 106.02 | -0.02 | 15YR FNMA 3.0 | 104.78 | -0.02 | 15YR FNMA 2.5 | 103.34 | -0.08 |
2 YR | 0.6132% | +0.0118 | 5 YR | 1.0062% | +0.0177 | 10 YR | 1.4647% | +0.0152 | 30 YR | 2.2756% | -0.0007 | Prices as of: 6/28/2016 4:31PM 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 | |