July 25, 2022

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Rob Chrisman

Digital, Compliance, Automated Workflow, Home Equity Products; Rural, FHA, and VA News

Here at the California MBA’s Western Secondary in Orange County, besides talk of Utah’s Pie and Beer Day yesterday, or maybe it is Pioneer Day, most of the discussions are about products (to help borrowers) and lack of premium pricing. And rates. As ... (read more)

Mortgage Rates

Biggest Drop of The Week; Lowest Rates Since Early June

30 Yr. Fixed Rate

5.54% +0.04%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	5.54%	+0.04	0.00
15 Yr. Fixed	4.80%	+0.04	0.00
30 Yr. FHA	5.14%	+0.02	0.00
30 Yr. Jumbo	4.76%	+0.01	0.00
5/1 ARM	5.39%	+0.01	0.00
30 Yr. VA	5.20%	+0.01	0.00
Updates Daily - Last Update: 7/25

15 Yr. Fixed Rate

4.80% +0.04%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	5.30%	-0.40	0.80
15 Yr. Fixed	4.45%	-0.38	0.80
5/1 Yr. ARM	4.19%	-0.31	0.40
Updates Weekly - Last Update: 7/7

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	5.82%	+0.08	0.59
15 Yr. Fixed	4.88%	-0.05	0.76
30 Yr. Jumbo	5.31%	+0.06	0.38
Updates Weekly - Last Update: 7/20

MBS / Treasuries

UMBS 30YR 4.5

100.67 -0.13

Price / Yield	Change
MBS
UMBS 4.5	100.67	-0.13
UMBS 5.0	101.75	-0.14
GNMA 4.5	101.05	-0.17
GNMA 5.0	101.80	-0.14
Pricing as of: 7/25 5:21PM EST

10 Year US Treasury

2.8050 +0.0510

Price / Yield	Change
US Treasury
2 YR Treasury	3.018	+0.046
5 YR Treasury	2.889	+0.040
7 YR Treasury	2.884	+0.047
10 YR Treasury	2.805	+0.051
30 YR Treasury	3.027	+0.051
Pricing as of: 7/25 5:21PM EST

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The 9am Bond Report: July 25, 2022

Around the Web

Eye on Housing

Housing Demand Flattens as 1st-Time Buyers Retreat

Calculated Risk Blog

Housing Inventory July 25th Update: Up 30.5% Year-over-year

Reuters

Fed's united front on interest rates may soon be tested

CNBC

The numbers show the U.S. economy is at least teetering on a recession

Black Knight

Black Knights First Look at June 2022 Mortgage Data

Realtor.com

Did Home Sellers Miss the Peak? A Startling Sign the Panic Is Real

Reuters

U.S. economy slowing, but recession not inevitable, Yellen says

Calculated Risk Blog

Five High Frequency Indicators for the Economy

CNBC

Markets face what could be the most important week of summer with Fed, earnings and economic data

CNBC

Premature rally? It's too early to talk of central bank 'peak hawkishness,' strategist says

Reuters

European Central Bank will consider economic situation when deciding on rates

CNBC

Gas prices are lower, but for the Fed and consumers, inflation remains a commodities story

CNBC

U.S. Treasury yields nudge higher ahead of Fed meeting; recession risk in focus

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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