Daily Newsletter: December's Housing Starts Surged to 13-Year High

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30 Year Fixed 3.70%   +0.02 15 Year Fixed 3.30%   +0.01 10YR Treasury 1.83%   +0.0159 FNMA 30YR 3.5 102.98   +0.02 FNMA 15YR 2.5 102.63   +0.02 View Today's Rates

Friday January 17, 2020 MND NewsWire - 10:30AM December's Housing Starts Surged to 13-Year High While permits fell from the previous month, the U.S. Census Bureau and the Department of Housing and Urban Development said December was another exceptional month for residential housing ... Mortgage Rate Watch - 6:48PM Mortgage Rates Off Recent Lows Mortgage rates moved slightly higher over the past two days as strong economic data and corporate earnings coaxed investors into riskier assets like stocks. Bonds (which dictate interest ... MBS Commentary - 10:47AM Markets Wrapping Things Up Ahead of Long Weekend Sometimes the market moves in clear response to a headline event or the scheduled release of an economic report. We have clear examples of this recently. last week's Iran-related escalation ... Pipeline Press - 9:22AM Renovation Products; CEOs Can't Ignore LIBOR Transition; Cap. Markets I’ve gotta hand it to those writers who put out listings for real estate agents. Maybe if I had a bunch of money I could live in a “secluded retreat” or an “enchanted ... Home Builders Confidence Remains Near 20-Year High HUD Jobs; Borrower Satisfaction Report; Vendor News and Updates Latest Video I'd like to see Fed cut one more time: Economist US housing starts jump 40% annually, the highest in 13 years U.S. homebuilding is booming. Here's how to trade it More News from 'Around the Web' Reuters - 4:58PM Wall Street hits new highs in strongest week since August CNBC - 4:58PM Treasury brings back the 20-year bond to pay for the ballooning deficit Calculated Risk Blog - 2:40PM CAR on California December Housing: Sales up 7.4% YoY, Inventory down 26.5%, Lowest Inventory in "nearly seven years" Calculated Risk Blog - 2:40PM Q4 GDP Forecasts: 1.2% to 2.0% CNBC - 2:12PM Trump's Fed pick Judy Shelton faces obstacles to confirmation Calculated Risk Blog - 12:49PM BLS: Job Openings "Fell" to 6.8 Million in November Reuters - 11:49AM Fed's Bullard: "Material reassessment" is "big tent language" Reuters - 11:25AM U.S. manufacturing output rises unexpectedly Reuters - 9:45AM The yield curve's still weird. Fed's Bullard is okay with that www.redfin.com - 8:17AM US Home Prices Up 7% in December Today's Rates Best Execution Rate Change 30 Yr FRM 3.70% +0.02 15 Yr FRM 3.30% +0.01 FHA 30 Year Fixed 3.33% +0.01 Jumbo 30 Year Fixed 3.78% +0.02 5/1 Yr ARM 3.38% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.99% 0.33 -0.04 15 Yr. Fixed 3.40% 0.31 -0.03 30 Yr. Jumbo 3.93% 0.28 -0.05 30 Yr. FHA 3.80% 0.32 -0.05 5/1 ARM 3.51% 0.23 +0.11 Freddie Mac ** 30 Yr. Fixed 3.65% 0.70 +0.01 15 Yr. Fixed 3.09% 0.70 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.39% 0.30 +0.09 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 101.67 -0.03 30YR FNMA 3.5 102.98 +0.02 30YR GNMA 3.0 102.34 -0.09 30YR GNMA 3.5 103.86 +0.03 15YR FNMA 3.0 102.63 +0.02 15YR FNMA 2.5 101.16 -0.02 Treasuries Yield Change 2 YR 1.5654% -0.0003 5 YR 1.6228% -0.0019 10 YR 1.8250% +0.0159 30 YR 2.2850% -0.0014 Prices as of: 1/17/2020 5:06PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

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