Friday August 4, 2017 Mortgage Rate Watch - 5:26PM Mortgage Rates Tick Up After Jobs Report While it was far from a dramatic move mortgage rates ticked slightly higher after today's Employment Situation data, otherwise known simply as "the jobs report" or NFP (due to its headline ... MND NewsWire - 11:23AM Fannie and Freddie Echo FHFA's Conservatorship Concerns Fannie Mae and Freddie Mac (the GSEs, or "government-sponsored enterprises") were already well past having paid back taxpayer bailouts before this week's earnings releases. Freddie ... Pipeline Press - 9:18AM DPA and Accounting Services; Documentation Changes; New Jumbo Deal Harvard research finds that Americans will spend $316B remodeling their homes in 2017 vs. $296B in 2016. This also compares to a low of $222B (in 2009) and a high of $334B in 2006 ... MBS Commentary - 9:13AM MBS Day Ahead: Medium Strong Jobs Having Expected Effect My commentary took a bearish turn , essentially saying that bond markets had done what they could to price-in a poor NFP number and that anything outside a big miss would likely result ... Conflicting Views on Need for New Credit Scoring Models ARMs Drive Slight Improvement in Underwriting Standards -MBA Latest Video More News from 'Around the Web' Bloomberg - 4:57PM El-Erian 'More and More Worried' About Wages, Even as Jobs Gain Bloomberg - 3:39PM Gary Cohn Says to Expect More Deregulation www.consumerfinancemonitor.com - 1:50PM CFPB Provides First Look at the HMDA Portal CNBC - 1:14PM Private equity coffers boom as pension funds look for somewhere else to put money beyond stocks Calculated Risk Blog - 12:37PM Trade Deficit at $43.6 Billion in June CNBC - 10:29AM 'Mystery' of slow wage growth keeps market doubting Fed can hike interest rates Calculated Risk Blog - 8:54AM July Employment Report: 209,000 Jobs, 4.3% Unemployment Rate Market Watch - 8:27AM Treasury yields steady as Wall Street braces for inflation cues from jobs report CNBC - 8:27AM Greenspan: Bond bubble about to break because of 'abnormally low' interest rates Reuters - 8:27AM Strong U.S. jobs report seen in July; wages likely rose | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 3.06% | 1.30 | +0.03 | 30 Yr. Fixed | 3.76% | 1.38 | +0.03 |
30 Yr. Fixed | 4.13% | 0.32 | +0.00 | 15 Yr. Fixed | 3.39% | 0.33 | -0.01 | 30 Yr. Jumbo | 4.09% | 0.20 | +0.01 | 30 Yr. FHA | 4.02% | 0.41 | -0.02 | 5/1 ARM | 3.31% | 0.25 | +0.05 |
30 Yr. Fixed | 3.93% | 0.50 | +0.01 | 15 Yr. Fixed | 3.18% | 0.50 | -0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.15% | 0.50 | -0.03 | 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 | 100.42 | -0.19 | 30YR FNMA 3.5 | 103.17 | -0.13 | 30YR GNMA 3.0 | 101.67 | +0.13 | 30YR GNMA 3.5 | 104.06 | -0.02 | 15YR FNMA 3.0 | 102.97 | -0.09 | 15YR FNMA 2.5 | 101.00 | -0.14 |
2 YR | 1.3549% | +0.0119 | 5 YR | 1.8173% | +0.0327 | 10 YR | 2.2637% | +0.0443 | 30 YR | 2.8420% | +0.0479 | Prices as of: 8/4/2017 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 | |