September 29, 2022

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MBS Commentary

Data Dependent Reality Keeps Bonds in Check

Data Dependent Reality Keeps Bonds in Check Wednesday's emergency bond buying announcement from the BOE served to cap the death spiral that had been underway in bond yields, but not as an impetus for a sustai... (read more)

Rob Chrisman

Cap. Mkts., CRM, Appraisal Bias, Pre-Qual Products; October Events and Webinars; S&D Loan Pricing Where?

Water is a powerful force: just check out this time lapse storm surge video from Ft. Meyers in Florida. Turning to metaphors, Sun Tzu said, “If you wait by the river long enough, the bodies of your enemies will float by.” Some investors and lenders m... (read more)

Mortgage Rates

Huge Reversal For Mortgage Rates. No Promises of Sustainability

30 Yr. Fixed Rate

6.82% +0.17%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	6.82%	+0.17	0.00
15 Yr. Fixed	6.09%	+0.06	0.00
30 Yr. FHA	6.50%	+0.25	0.00
30 Yr. Jumbo	5.90%	+0.05	0.00
5/1 ARM	6.12%	0.00	0.00
30 Yr. VA	6.55%	+0.27	0.00
Updates Daily - Last Update: 9/29

15 Yr. Fixed Rate

6.09% +0.06%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	6.70%	+0.41	0.90
15 Yr. Fixed	5.96%	+0.52	1.30
5/1 Yr. ARM	5.30%	+0.33	0.40
Updates Weekly - Last Update: 9/29

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	6.52%	+0.27	1.15
30 Yr. Jumbo	6.01%	+0.22	0.70
Updates Weekly - Last Update: 9/28

MBS / Treasuries

Data Dependent Reality Keeps Bonds in Check

UMBS 30YR 5.0

97.52 -0.56

Price / Yield	Change
MBS
UMBS 5.0	97.52	-0.56
UMBS 5.5	99.53	-0.53
GNMA 5.0	97.89	-0.52
GNMA 5.5	99.92	-0.48
Pricing as of: 9/29 5:41PM EST

10 Year US Treasury

3.7815 +0.0443

Price / Yield	Change
US Treasury
2 YR Treasury	4.192	+0.066
5 YR Treasury	4.017	+0.066
7 YR Treasury	3.921	+0.038
10 YR Treasury	3.782	+0.044
30 YR Treasury	3.715	+0.018
Pricing as of: 9/29 5:41PM EST

Latest Video

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The 9am Bond Report - September 29, 2022

Around the Web

yahoo finance

Fed’s Bullard: Markets understood dot plot message

Calculated Risk Blog

Inflation Adjusted House Prices Declined Further in July

CNBC

Hurricane Ian is a reminder for all homeowners to check their insurance coverage for natural disasters

CNBC

Inflation has yet to peak, CFOs say, and recession is already here or soon to hit

Reuters

Germany's most populous state sees biggest inflation jump in decades

Calculated Risk Blog

Q2 GDP Growth Unrevised at minus 0.6% Annual Rate

Reuters

Bank of England seeks to stem bond market turmoil after tax cut storm

CNBC

Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Reuters

UK's Truss breaks silence on markets slump, defends her tax cuts

CNBC

Pension fund panic led to Bank of England's emergency intervention: Here's what you need to know

Calculated Risk Blog

Hotels: Occupancy Rate Down 1.5% Compared to Same Week in 2019

CNBC

10-year yield rises, reversing some of Wednesdays major losses

Wall Street Journal

U.K. Market Woes Threaten Economic and Political Crisis

Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc.

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