Wednesday, December 22, 2021

Daily Newsletter: Home Sales Stay Strong; Prices Extend Winning Streak; Rates Lower And Higher...

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30 Year Fixed
3.25%   +0.03
15 Year Fixed
2.59%   +0.04
10YR Treasury
1.45%   -0.0017
Wednesday December 22, 2021
MND NewsWire - 11:19AM
Existing home sales came in a little lower than expected in November, but it was still the third consecutive gain. The National Association of Realtors® (NAR) said sales of pre ...
MND NewsWire - 11:15AM
The volume of mortgage applications dipped slightly during the week ended December 17, the second consecutive decline. The Mortgage Bankers Association (MBA) said its Market Composite ...
Mortgage Rate Watch - 7:48PM
Mortgage rates continued higher for the third straight day on Wednesday. This brings the average lender to the highest levels in exactly 2 weeks. But that's the most dramatic way to ...
MBS Commentary - 4:02PM
Sideways, Boring, and Slightly Stronger 10yr futures contract volume was roughly 600k by 3pm. That's on par with the typical half day meaning today was the lowest volume full trading ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.25% +0.03
15 Yr FRM 2.59% +0.04
FHA 30 Year Fixed 2.85% +0.05
Jumbo 30 Year Fixed 3.12% -0.02
5/1 Yr ARM 3.30% +0.10
Average Mortgage Rates
MBA **
30 Yr. Fixed 2.99% 0.30 +0.02
15 Yr. Fixed 2.35% 0.25 +0.02
30 Yr. Jumbo 3.15% 0.29 +0.03
30 Yr. FHA 3.06% 0.27 -0.02
5/1 ARM 2.52% 0.15 -0.41
Freddie Mac **
30 Yr. Fixed 3.12% 0.60 +0.02
15 Yr. Fixed 2.34% 0.70 -0.04
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.45% 0.30 +0.00
* 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 UMBS 2.0 99.67 +0.14
30YR UMBS 2.5 102.08 +0.13
30YR GNMA 2.0 100.95 +0.11
30YR GNMA 2.5 102.22 +0.06
15YR UMBS 2.0 102.50 +0.08
15YR UMBS 2.5 103.48 +0.05
Treasuries
Yield Change
2 YR 0.6647% -0.0038
5 YR 1.2156% -0.0049
10 YR 1.4532% -0.0017
30 YR 1.8524% -0.0185
Prices as of: 12/22/2021 7:44PM EST
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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Monday, December 20, 2021

Daily Newsletter: Home Sales Forecast Surges as Fannie Mae Revises Timelines; Rates Modestly Higher

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30 Year Fixed
3.17%   +0.01
15 Year Fixed
2.53%   +0.01
10YR Treasury
1.43%   +0.0204
Monday December 20, 2021
MND NewsWire - 1:35PM
Fannie Mae jumped up its forecast for real GDP on a Q4/Q4 basis this week, revising it from 4.8 percent in last month's report to 5.5 percent. The company's economists said they believe ...
Mortgage Rate Watch - 5:28PM
For most lenders, mortgage rates edged slightly higher at the start of the holiday-shortened week. The exception would be among those lenders who made changes to their rate offerings ...
MBS Commentary - 4:54PM
Small Scale Volatility Leaves Bonds Slightly Weaker The day began on a modestly positive note and ended with bonds trading just slightly weaker. There was little to glean from the price ...
MBS Commentary - 11:11AM
Despite a bit of 2-way trading, bonds are starting the day in slightly stronger territory. Pandemic concerns remain the most obvious source of inspiration for bond buyers while pandemic ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.17% +0.01
15 Yr FRM 2.53% +0.01
FHA 30 Year Fixed 2.75% +0.00
Jumbo 30 Year Fixed 3.08% +0.01
5/1 Yr ARM 3.02% -0.35
Average Mortgage Rates
MBA **
30 Yr. Fixed 2.99% 0.30 +0.02
15 Yr. Fixed 2.35% 0.25 +0.02
30 Yr. Jumbo 3.15% 0.29 +0.03
30 Yr. FHA 3.06% 0.27 -0.02
5/1 ARM 2.52% 0.15 -0.41
Freddie Mac **
30 Yr. Fixed 3.12% 0.60 +0.02
15 Yr. Fixed 2.34% 0.70 -0.04
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.45% 0.30 +0.00
* 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 UMBS 2.0 99.80 0.00
30YR UMBS 2.5 102.17 0.00
30YR GNMA 2.0 101.06 -0.08
30YR GNMA 2.5 102.28 -0.11
15YR UMBS 2.0 102.53 +0.06
15YR UMBS 2.5 103.45 +0.08
Treasuries
Yield Change
2 YR 0.6358% -0.0038
5 YR 1.1716% -0.0066
10 YR 1.4276% +0.0204
30 YR 1.8558% +0.0460
Prices as of: 12/20/2021 5:06PM EST
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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Wednesday, December 15, 2021

Daily Newsletter: Surprisingly Resilient After Fed Doubles Tapering Pace; Builders Remain Upbeat

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30 Year Fixed
3.18%   +0.02
15 Year Fixed
2.54%   +0.02
10YR Treasury
1.46%   +0.0171
Wednesday December 15, 2021
MBS Commentary - 4:22PM
Surprisingly Resilient After Fed Doubles Tapering Pace After implementing the tapering plan 6 short weeks ago, the Fed quickly found itself in a position to accelerate the pace of reductions ...
Mortgage Rate Watch - 4:25PM
Mortgage rates were fairly flat heading into today's important Fed announcement. Despite arguably receiving bad news, they didn't move too much higher by the end of the day. What was ...
MBS Commentary - 2:00PM
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability ...
MND NewsWire - 10:37AM
Builder confidence in the new home market is finishing 2021 strong despite what the National Association of Home Builders (NAHB) says are inflation concerns and ongoing production bottlenecks ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 3.18% +0.02
15 Yr FRM 2.54% +0.02
FHA 30 Year Fixed 2.75% +0.00
Jumbo 30 Year Fixed 3.08% +0.00
5/1 Yr ARM 3.33% +0.21
Average Mortgage Rates
MBA **
30 Yr. Fixed 2.99% 0.30 +0.02
15 Yr. Fixed 2.35% 0.25 +0.02
30 Yr. Jumbo 3.15% 0.29 +0.03
30 Yr. FHA 3.06% 0.27 -0.02
5/1 ARM 2.52% 0.15 -0.41
Freddie Mac **
30 Yr. Fixed 3.10% 0.70 -0.01
15 Yr. Fixed 2.38% 0.70 -0.01
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.45% 0.30 -0.04
* 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 UMBS 2.0 99.58 -0.14
30YR UMBS 2.5 101.97 -0.16
30YR GNMA 2.0 100.97 -0.11
30YR GNMA 2.5 102.00 -0.13
15YR UMBS 2.0 102.20 -0.38
15YR UMBS 2.5 103.34 -0.09
Treasuries
Yield Change
2 YR 0.6631% +0.0063
5 YR 1.2418% +0.0081
10 YR 1.4582% +0.0171
30 YR 1.8586% +0.0319
Prices as of: 12/15/2021 4:41PM EST
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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You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.