May 16, 2022

Download our Mobile App:

Download our Mobile App:

Mortgage Rate Watch

Mortgage Rates Unchanged to Slightly Lower

Mortgage rates are coming off of one of their best weeks in nearly 2 years, which isn't quite as glamorous as it sounds, but still a good accomplishment (read more about it in last week's recap HERE ). Rates managed to maintain those levels ... (read more)

MBS Commentary

MBS Live Recap: Bonds Hold Decent Gains to Start New Week

Bonds Hold Decent Gains to Start New Week After mixed trading overnight, bonds began the day in the US at relatively unchanged levels before rallying throughout the morning hours. There has been a good ... (read more)

Rob Chrisman

40-Year, Pre-Approval, Processing, Subservicing Products; Thoughts From the Secondary Conference

Plenty of capital markets folks, senior management, and the usual cadre of vendors are here in Manhattan, doing the macarena until 2AM. Okay, just kidding. They’re actually talking about some pretty serious stuff. For example, MCT writes, “We are see... (read more)

Mortgage Rates

Mortgage Rates Unchanged to Slightly Lower

30 Yr. Fixed Rate

5.37% -0.01%

Rate	Change	Points
Mortgage News Daily
30 Yr. Fixed	5.37%	-0.01	0.40
15 Yr. Fixed	4.78%	-0.01	0.40
30 Yr. FHA	5.00%	0.00	0.00
30 Yr. Jumbo	4.75%	0.00	0.00
5/1 ARM	4.59%	-0.01	1.00
Updates Daily - Last Update: 5/16

15 Yr. Fixed Rate

4.78% -0.01%

Rate	Change	Points
Freddie Mac
30 Yr. Fixed	5.27%	+0.17	0.90
15 Yr. Fixed	4.52%	+0.12	0.80
5/1 Yr. ARM	3.96%	+0.18	0.20
Updates Weekly - Last Update: 5/5

Rate	Change	Points
Mortgage Bankers Assoc.
30 Yr. Fixed	5.53%	+0.17	0.73
15 Yr. Fixed	4.79%	+0.11	0.80
30 Yr. Jumbo	5.08%	+0.16	0.42
Updates Weekly - Last Update: 5/11

MBS / Treasuries

MBS Live Recap: Bonds Hold Decent Gains to Start New Week

UMBS 30YR 4.0

99.56 +0.20

Price / Yield	Change
MBS
UMBS 4.0	99.56	+0.20
UMBS 4.5	101.36	+0.17
GNMA 4.0	100.72	+0.11
GNMA 4.5	101.98	+0.05
Pricing as of: 5/16 5:21PM EST

10 Year US Treasury

2.8858 -0.0418

Price / Yield	Change
US Treasury
2 YR Treasury	2.576	-0.012
5 YR Treasury	2.826	-0.048
7 YR Treasury	2.890	-0.049
10 YR Treasury	2.886	-0.042
30 YR Treasury	3.103	+0.015
Pricing as of: 5/16 5:21PM EST

Latest Video

The Fed's delayed inflation response was a mistake, says former Chair Ben B...

The 2pm Bond Report - May 16, 2022

The 9am Bond Report: May 16, 2022

The 2pm Bond Report — May 13, 2022

Around the Web

Calculated Risk Blog

Housing Inventory May 16th Update: Inventory UP 1.5% Year-over-Year

The Basis Point

Details of Biden Plan To Address Housing Inventory Shortages

CNBC

Inflation is the top problem facing America, with no other issue coming close, survey shows

Calculated Risk Blog

What will Happen with House Prices?

The Basis Point

2021s giant 19% home price spike didnt deter first time buyers

Calculated Risk Blog

Lawler: Mortgage/Treasury Spreads Part II: Decomposing the Widening This Year

Calculated Risk Blog

Four High Frequency Indicators for the Economy

Reuters

Powell Says Fed Will Fix Inflation, Calls Price Stability 'Bedrock' Of Economy

CNBC

U.S. Treasury yields ease lower as investors monitor data, Fed comments

Eye on Housing

Multifamily Permits Strong At The End of First Quarter of 2022

CNBC

Bernanke says the Fed's slow response to inflation 'was a mistake'

Eye on Housing

Credit for Builders and Developers Tightens in the First Quarter

Calculated Risk Blog

Leading Index for Commercial Real Estate "Rises in April"

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.

This email was sent to: newsletter@newslettercollector.com. Go here to UNSUBSCRIBE from this email.