MBS Commentary

MBS Live Morning: Bonds Catch No Breaks Even After Lower Core Inflation

This morning's much-anticipated core PCE inflation headline came out at 5.2% year-over-year versus a median forecast and previous reading of 5.3%. Great news! Right? Turns out: not so much. Markets were still hung up about a big bea... (read more)

Mortgage Rate Watch

The Fed's Playbook is Already Out For Next Week And Rates Have Already Reacted

The first few months of 2022 have seen rates rise at the fastest pace since the 1980s as a confluence of known issues collided with unexpected volatility due to the war in Ukraine. Known issues were actually fairly straightforward before... (read more)

Rob Chrisman

Marketing, HMDA Dashboard, DSCR, Tax Programs; Planet Home/Home Point and Redwood/CoreVest Mergers

On Sunday, here in Hawai’i, and everywhere else I guess, is Lei Day. I was all set to go down the 5th grade joke path, until I saw this story about napping and ran out of room in today’s commentary. Utah’s Michael Pickard thought he was allowed to ta... (read more)

Rate

Change

Points

Mortgage News Daily

30 Yr. Fixed

5.41%

+0.01

0.40

15 Yr. Fixed

4.84%

+0.01

0.40

30 Yr. FHA

4.88%

-0.02

0.00

30 Yr. Jumbo

4.56%

+0.01

0.00

5/1 ARM

4.38%

+0.10

0.50

Updates Daily - Last Update: 4/29

Rate

Change

Points

Freddie Mac

30 Yr. Fixed

5.10%

-0.01

0.80

15 Yr. Fixed

4.40%

+0.02

0.90

5/1 Yr. ARM

3.78%

+0.03

0.30

Updates Weekly - Last Update: 4/28

Mortgage Bankers Assoc.

30 Yr. Fixed

5.37%

+0.17

0.67

15 Yr. Fixed

4.68%

+0.24

0.80

30 Yr. Jumbo

4.89%

+0.13

0.47

Updates Weekly - Last Update: 4/27

Price / Yield

Change

MBS

UMBS 4.0

99.19

-0.66

UMBS 4.5

101.50

-0.53

GNMA 4.0

99.88

-0.63

GNMA 4.5

101.75

-0.52

Pricing as of: 4/29 5:21PM EST

Price / Yield

Change

US Treasury

2 YR Treasury

2.725

+0.095

5 YR Treasury

2.955

+0.107

7 YR Treasury

2.980

+0.107

10 YR Treasury

2.936

+0.103

30 YR Treasury

3.002

+0.099

Pricing as of: 4/29 5:21PM EST