MBS Commentary

MBS Live Recap: One of The 5 Worst Days For Bonds in Over a Decade

One of The 5 Worst Days in Over a Decade At one point today, bonds had lost more ground than any other day in nearly 20 years with the exception of one day during the extreme March 2020 volatility. By t... (read more)

Mortgage Rate Watch

Mortgage Rates Surge Well Into the 6% Range After One of The Worst Days in Decades

It's hard to quantify just how bad today was for mortgage rates because there's no quality day-over-day mortgage rate data from before 2009 (when we created our own). In that time, there has only been one other comparable day to today in terms ... (read more)

Rob Chrisman

Underwriting Automation, Valuation, Pre-Approval Tools; Inflation Drives 10-year Toward 3.30 Percent

Life is too short to waste time matching socks. Yes, time flies. Remember a year ago, when a) the announcement of Juneteenth, the new Federal holiday, caught everyone off-guard time-wise, and b) lenders and vendors were having trouble handling the vo... (read more)

Rate

Change

Points

Mortgage News Daily

30 Yr. Fixed

6.18%

+0.33

0.40

15 Yr. Fixed

5.38%

+0.26

0.00

30 Yr. FHA

5.75%

+0.25

0.00

30 Yr. Jumbo

5.05%

+0.10

0.00

5/1 ARM

5.30%

+0.35

0.50

30 Yr. VA

5.87%

+0.27

0.00

Updates Daily - Last Update: 6/13

Rate

Change

Points

Freddie Mac

30 Yr. Fixed

5.10%

-0.15

0.90

15 Yr. Fixed

4.31%

-0.12

0.80

5/1 Yr. ARM

4.20%

+0.12

0.30

Updates Weekly - Last Update: 5/26

Mortgage Bankers Assoc.

30 Yr. Fixed

5.33%

-0.13

0.51

15 Yr. Fixed

4.72%

0.00

0.63

30 Yr. Jumbo

4.93%

-0.09

0.41

Updates Weekly - Last Update: 6/1

Price / Yield

Change

MBS

UMBS 4.5

98.66

-1.31

UMBS 5.0

100.38

-1.16

GNMA 4.5

100.13

-1.17

GNMA 5.0

101.77

-0.95

Pricing as of: 6/13 5:21PM EST

Price / Yield

Change

US Treasury

2 YR Treasury

3.371

+0.304

5 YR Treasury

3.486

+0.222

7 YR Treasury

3.457

+0.210

10 YR Treasury

3.366

+0.201

30 YR Treasury

3.356

+0.154

Pricing as of: 6/13 5:21PM EST