Little Changed After Early Rally and Steady Selling Monday ended up being a relative non-event for the bond market. Trading was almost perfectly flat overnight. Big trades moved the whole pile right at the open and then again about 2 hours later. This effectively set the range for the rest of the day through the 3pm CME close. Tariff headlines had zero impact on bonds overnight, despite a token, fleeting impact on forex. Market Movement Recap10:17 AM Flat overnight and slightly stronger now. MBS up 3 ticks (.09) and 10yr down 2.6bps at 4.466 12:59 PM 10yr down 0.2bps at 4.49, and MBS now back to unchanged. 03:15 PM Treading water at weakest levels. MBS unchanged and 10yr up half a bp at 4.497
| Mortgage Rate Watch | | Mortgage Rates Microscopically Lower to Start New Week | | Mortgage rates have been on a vacation from volatility since January 16th when they fell back toward 7% after hitting the highest levels since May 2024. Top tier 30yr fixed rates have operated inside a 0.13% range since then and a narrower 0.08% rang... (read more) |
|
|
| 30 Yr. Fixed Rate | | 7.01% -0.02% |
|
| Rate | Change | Points |
|---|
| Mortgage News Daily | | 30 Yr. Fixed | 7.01% | -0.02 | 0.00 | | 15 Yr. Fixed | 6.41% | -0.01 | 0.00 | | 30 Yr. FHA | 6.38% | -0.01 | 0.00 | | 30 Yr. Jumbo | 7.30% | -0.01 | 0.00 | | 7/6 SOFR ARM | 6.78% | -0.03 | 0.00 | | 30 Yr. VA | 6.40% | -0.01 | 0.00 | | Updates Daily - Last Update: 2/10 |
|
|
| 15 Yr. Fixed Rate | | 6.41% -0.01% |
|
| Rate | Change | Points |
|---|
| Freddie Mac | | 30 Yr. Fixed | 6.89% | -0.06 | 0.00 | | 15 Yr. Fixed | 6.05% | -0.07 | 0.00 | | Updates Weekly - Last Update: 2/6 |
| Rate | Change | Points |
|---|
| Mortgage Bankers Assoc. | | 30 Yr. Fixed | 7.02% | -0.07 | 0.62 | | 15 Yr. Fixed | 6.45% | +0.02 | 0.64 | | 30 Yr. Jumbo | 6.98% | -0.07 | 0.50 | | Updates Weekly - Last Update: 1/22 |
|
|
|
| Price / Yield | Change |
|---|
| MBS | | UMBS 5.5 | 98.97 | -0.02 | | UMBS 6.0 | 100.80 | -0.01 | | GNMA 5.5 | 99.43 | -0.06 | | GNMA 6.0 | 100.83 | -0.01 | | Pricing as of: 2/10 5:31PM EST |
|
|
| 10 Year US Treasury | | 4.4998 +0.0081 |
|
| Price / Yield | Change |
|---|
| US Treasury | | 2 YR Treasury | 4.278 | -0.016 | | 5 YR Treasury | 4.342 | +0.005 | | 7 YR Treasury | 4.421 | +0.006 | | 10 YR Treasury | 4.500 | +0.008 | | 30 YR Treasury | 4.711 | +0.026 | | Pricing as of: 2/10 5:31PM EST |
|
|
|
|
|
