Today's Rates

Mtg Loan Rate APR
30-yr Fixed 3.9% 4.03%
15-yr Fixed 3.17% 3.34%
1-yr Adj 2.74% 3.4%
* national averages
Mortgage News:
 
MBS RECAP: Quietest Day of The Week Despite Several Interesting Tidbits
6/23/2017 4:32 PM
Posted To: MBS CommentaryWe've been watching the intraday trading ranges in bond markets to keep an eye on just how flat things have been in the wake of last Wednesday's big trading day (due to econ data and the Fed). "Inside day" is a term that comes up when things are this flat. It refe...Read More
 
Rates Cap Impressively Sideways Week Near Long-Term Lows
6/23/2017 3:59 PM
Posted To: Mortgage Rate WatchWeeks like this are the reason that some mortgage rate analysis is only done once a week. There haven"t been any significant developments in financial markets--at least not as far as bonds (which dictate rates) have been concerned. And there certainly hasn"t been any significant mo...Read More
 
Diversity Not Destined to Dampen Homeownership
6/23/2017 1:09 PM
Posted To: MND NewsWireThe final installment of a series of working papers produced by the University of Southern California (USC), in partnership with Fannie Mae, looks at the decade-spanning 10-point plunge in the homeownership rate of young Americans. Homeownership has declined, starting even before the housing crisis...Read More
 
New Home Sales Rebound; Prices Crush Previous Record
6/23/2017 9:46 AM
Posted To: MND NewsWireThe report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U.S. Census Bureau and the Department of Housing and Urban Development said new home sales had dropped 11.4 percent from their March level, to a s...Read More
 
Legal and Compliance News - Servicing Enforcement Action
6/23/2017 9:13 AM
Posted To: Pipeline PressRumors continue to swirl, this time about Orange County’s Americash. Yes, the drop in refi volume is showing, and even if you made it through the bad first quarter, it’s not a cake walk out there. On the other hand, I wish I owned stock in George Clooney....Read More
 
MBS Day Ahead: Bond Traders Eyeing The Exits As Flat Week Winds Down
6/23/2017 7:59 AM
Posted To: MBS CommentaryYou've heard of "innocent until proven guilty." This week of trading in bond markets has been "flat and boring until proven volatile." For many, it's the first full week of summer. For others, it's the week where their kids finished school. And for e...Read More
 
MBS RECAP: Bonds Modestly Stronger, But Sideways Theme Remains
6/22/2017 3:43 PM
Posted To: MBS CommentaryYesterday's recap went into some detail about the market phenomenon that can result in intense periods of sideways momentum (and trader apathy) during certain weeks of certain summertime months. Long-story short, this week was a great candidate for what some market participants...Read More
 
Mortgage Rates Sideways to Slightly Lower
6/22/2017 2:50 PM
Posted To: Mortgage Rate WatchMortgage rates have been so little-changed in recent days that yesterday"s coverage wouldn"t need to be changed in order to apply perfectly today. Indeed, the 3rd paragraph is a word-for-word repeat. To be fair though, we would need to update yesterday"s reference to "especially ov...Read More
 
FHFA Home Prices Continue Strong Gains
6/22/2017 8:38 AM
Posted To: MND NewsWireApril data from the Federal Housing Finance Agency (FHFA) indicates that, once again, there was no moderation in the pace of home price increases . FHFA"s Housing Price Index (HPI), which is based on loans sold to or guaranteed by the two GSEs, Fannie Mae and Freddie Mac, increased 0.7 percent from...Read More
 
Prepayment Rate and Refinanceable Population Have Both Soared
6/22/2017 8:18 AM
Posted To: MND NewsWirePrepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its "first look" at the month"s mortgage performance data, said there was a 23 percent increase in prepayments, historically a good indicator of refinancing activity , from Ap...Read More




Mortgage News:
 
MBS RECAP: Quietest Day of The Week Despite Several Interesting Tidbits
6/23/2017 4:32 PM
Posted To: MBS CommentaryWe've been watching the intraday trading ranges in bond markets to keep an eye on just how flat things have been in the wake of last Wednesday's big trading day (due to econ data and the Fed). "Inside day" is a term that comes up when things are this flat. It refe...Read More
 
Rates Cap Impressively Sideways Week Near Long-Term Lows
6/23/2017 3:59 PM
Posted To: Mortgage Rate WatchWeeks like this are the reason that some mortgage rate analysis is only done once a week. There haven"t been any significant developments in financial markets--at least not as far as bonds (which dictate rates) have been concerned. And there certainly hasn"t been any significant mo...Read More
 
Diversity Not Destined to Dampen Homeownership
6/23/2017 1:09 PM
Posted To: MND NewsWireThe final installment of a series of working papers produced by the University of Southern California (USC), in partnership with Fannie Mae, looks at the decade-spanning 10-point plunge in the homeownership rate of young Americans. Homeownership has declined, starting even before the housing crisis...Read More
 
New Home Sales Rebound; Prices Crush Previous Record
6/23/2017 9:46 AM
Posted To: MND NewsWireThe report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U.S. Census Bureau and the Department of Housing and Urban Development said new home sales had dropped 11.4 percent from their March level, to a s...Read More
 
Legal and Compliance News - Servicing Enforcement Action
6/23/2017 9:13 AM
Posted To: Pipeline PressRumors continue to swirl, this time about Orange County’s Americash. Yes, the drop in refi volume is showing, and even if you made it through the bad first quarter, it’s not a cake walk out there. On the other hand, I wish I owned stock in George Clooney....Read More
 
MBS Day Ahead: Bond Traders Eyeing The Exits As Flat Week Winds Down
6/23/2017 7:59 AM
Posted To: MBS CommentaryYou've heard of "innocent until proven guilty." This week of trading in bond markets has been "flat and boring until proven volatile." For many, it's the first full week of summer. For others, it's the week where their kids finished school. And for e...Read More
 
MBS RECAP: Bonds Modestly Stronger, But Sideways Theme Remains
6/22/2017 3:43 PM
Posted To: MBS CommentaryYesterday's recap went into some detail about the market phenomenon that can result in intense periods of sideways momentum (and trader apathy) during certain weeks of certain summertime months. Long-story short, this week was a great candidate for what some market participants...Read More
 
Mortgage Rates Sideways to Slightly Lower
6/22/2017 2:50 PM
Posted To: Mortgage Rate WatchMortgage rates have been so little-changed in recent days that yesterday"s coverage wouldn"t need to be changed in order to apply perfectly today. Indeed, the 3rd paragraph is a word-for-word repeat. To be fair though, we would need to update yesterday"s reference to "especially ov...Read More
 
FHFA Home Prices Continue Strong Gains
6/22/2017 8:38 AM
Posted To: MND NewsWireApril data from the Federal Housing Finance Agency (FHFA) indicates that, once again, there was no moderation in the pace of home price increases . FHFA"s Housing Price Index (HPI), which is based on loans sold to or guaranteed by the two GSEs, Fannie Mae and Freddie Mac, increased 0.7 percent from...Read More
 
Prepayment Rate and Refinanceable Population Have Both Soared
6/22/2017 8:18 AM
Posted To: MND NewsWirePrepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its "first look" at the month"s mortgage performance data, said there was a 23 percent increase in prepayments, historically a good indicator of refinancing activity , from Ap...Read More




Today's Rates

Mtg Loan Rate APR
30-yr Fixed 3.9% 4.03%
15-yr Fixed 3.17% 3.34%
1-yr Adj 2.74% 3.4%
* national averages