August 25, 2022

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Mortgage Rate Watch

Mortgage Rates Recover Modestly Ahead of Powell Speech

Tomorrow morning brings a much anticipated appearance from Fed Chair Powell at the annual Jackson Hole Symposium. As is often the case leading up to this event, there's a lot of speculation as to its potential importance and ample criticism of ... (read more)

MBS Commentary

It Doesn't Matter if Powell's Speech Matters

It Doesn't Matter if Powell's Speech Matters Some things will be yearned for, anticipated, and sought after regardless of how likely or attainable they are. Applying this general truth to Friday's Jacks... (read more)

Rob Chrisman

DSCR, Marketing, Compliance, Asset Mgt. Tools; Non-Agency News; STRATMOR on Lenders Staying vs Exiting

Nothing is simple or easy in this world. Take pine nuts. Simple, easy, right? Nope. A staple of pesto, and some salads and desserts, those in the United States don’t come from the United States. They come from China, Russia, and Afghanistan! Our alli... (read more)

Mortgage Rates

Mortgage Rates Recover Modestly Ahead of Powell Speech

30 Yr. Fixed Rate

5.81% -0.03%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	5.81%	-0.03	0.00
15 Yr. Fixed	5.13%	-0.01	0.00
30 Yr. FHA	5.25%	0.00	0.00
30 Yr. Jumbo	4.95%	0.00	0.00
5/1 ARM	5.91%	-0.01	0.00
30 Yr. VA	5.25%	-0.01	0.00
Updates Daily - Last Update: 8/25

15 Yr. Fixed Rate

5.13% -0.01%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	5.13%	-0.09	0.80
15 Yr. Fixed	4.55%	-0.04	0.70
5/1 Yr. ARM	4.39%	-0.04	0.30
Updates Weekly - Last Update: 8/18

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	5.65%	+0.20	0.68
15 Yr. Fixed	5.01%	+0.14	0.84
30 Yr. Jumbo	5.28%	+0.14	0.58
Updates Weekly - Last Update: 8/24

MBS / Treasuries

It Doesn't Matter if Powell's Speech Matters

UMBS 30YR 4.5

100.19 +0.47

Price / Yield	Change
MBS
UMBS 4.5	100.19	+0.47
UMBS 5.0	101.47	+0.34
GNMA 4.5	100.66	+0.36
GNMA 5.0	101.66	+0.28
Pricing as of: 8/25 5:41PM EST

10 Year US Treasury

3.0314 -0.0781

Price / Yield	Change
US Treasury
2 YR Treasury	3.374	-0.029
5 YR Treasury	3.159	-0.078
7 YR Treasury	3.121	-0.081
10 YR Treasury	3.031	-0.078
30 YR Treasury	3.241	-0.075
Pricing as of: 8/25 5:41PM EST

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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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