September 30, 2022

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MBS Commentary

Month-End Selling Keeps Rates Range-Bound

Month-End Selling Keeps Rates Range-Bound You've perhaps heard of month-end bond buying? How about month-end selling? We had some of the former earlier in the session with a reversal toward weaker... (read more)

Rob Chrisman

AE, LO Jobs; Dashboard, Processing, CRM, DPA Products; Freddie and Fannie Updates

If you’ve ever had to hire people, did you sort your applications into three piles: Mad, Hopeless, or Possible? For his Antarctic expeditions, Ernest Shackleton did, and thank you to Fairway Independent’s Guy Schwartz for sending along this article o... (read more)

Mortgage Rates

Crazy Volatility Continues as Rates Head Back Up

30 Yr. Fixed Rate

6.79% -0.03%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	6.79%	-0.03	0.00
15 Yr. Fixed	6.08%	-0.01	0.00
30 Yr. FHA	6.50%	0.00	0.00
30 Yr. Jumbo	5.85%	-0.05	0.00
5/1 ARM	6.05%	-0.07	0.00
30 Yr. VA	6.60%	+0.05	0.00
Updates Daily - Last Update: 9/30

15 Yr. Fixed Rate

6.08% -0.01%

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
15 Yr. Fixed	5.70%	+0.30	1.33
30 Yr. Jumbo	6.01%	+0.22	0.70
Updates Weekly - Last Update: 9/28

MBS / Treasuries

Month-End Selling Keeps Rates Range-Bound

UMBS 30YR 5.0

97.30 -0.22

Price / Yield	Change
MBS
UMBS 5.0	97.30	-0.22
UMBS 5.5	99.36	-0.17
GNMA 5.0	97.73	-0.16
GNMA 5.5	99.83	-0.09
Pricing as of: 9/30 5:41PM EST

10 Year US Treasury

3.8286 +0.0471

Price / Yield	Change
US Treasury
2 YR Treasury	4.273	+0.080
5 YR Treasury	4.087	+0.069
7 YR Treasury	3.980	+0.058
10 YR Treasury	3.829	+0.047
30 YR Treasury	3.781	+0.066
Pricing as of: 9/30 5:41PM EST

Latest Video

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The 9am Bond Report - September 30, 2022

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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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