MBS Commentary

MBS Live Morning: Sharp Losses Reinforce Last Week's Yield Floor

10yr yields bounced at or near 2.72% for 4 straight days heading into the end of last week. Now this morning, they're sharply higher and already above the next major technical level at 2.83%. Even as bonds rallied in recent weeks, we've b... (read more)

Mortgage Rate Watch

Winning Streak Comes to an End For Mortgage Rates

As of last Friday, mortgage rates had enjoyed 3 of their best weeks in a long time. Sure, there were caveats that argued against celebrating the gains as evidence of a broader reversal, but they were nonetheless a welcome change of pace in an o... (read more)

Rob Chrisman

Efficiency, Processing, Expat, Underwriting Tools; Events This Week and Next; Rates Head Higher

Yes, it’s already Tuesday. Are we at the top of the market? A pair of Goldman Sachs-backed ventures gobbled up an entire rental home community in Florida last month for $45 million, according to reports. Lenders everywhere keep one eye on housing tre... (read more)

Rate

Change

Points

Mortgage News Daily

30 Yr. Fixed

5.36%

+0.11

0.00

15 Yr. Fixed

4.78%

+0.06

0.00

30 Yr. FHA

4.78%

+0.14

0.00

30 Yr. Jumbo

4.69%

+0.08

0.00

5/1 ARM

4.48%

+0.05

0.50

Updates Daily - Last Update: 5/31

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

5.46%

-0.03

0.60

15 Yr. Fixed

4.72%

-0.01

0.70

30 Yr. Jumbo

5.02%

-0.01

0.41

Updates Weekly - Last Update: 5/25

Price / Yield

Change

MBS

UMBS 4.0

100.02

-0.39

UMBS 4.5

101.70

-0.42

GNMA 4.0

100.97

-0.31

GNMA 4.5

102.16

-0.38

Pricing as of: 5/31 5:21PM EST

Price / Yield

Change

US Treasury

2 YR Treasury

2.561

+0.077

5 YR Treasury

2.822

+0.098

7 YR Treasury

2.874

+0.104

10 YR Treasury

2.850

+0.106

30 YR Treasury

3.056

+0.084

Pricing as of: 5/31 5:21PM EST