Mortgage rates had another rough day as they continued moving up into new 4-year highs. Unlike the extremely mild and uneventful day-to-day changes seen for most of the past 2 months, rates are actually putting some distance between themselves and the March plateau. Whereas a well-qualified borrower with 25% down may have been quoted a conventional 30yr fixed rate of 4.5% a few weeks ago, they'd already be looking at 4.75% today for most lenders. Of course this can vary a bit from lender to lender, but the point is that all lenders have experienced that sort of delta. Will it ever stop? Yo! I don't know! Actually I do know. The answer is yes, but I don't know when. Rates could (and SHOULD, if we're being honest) continue even higher from here . They may not do so in a straight line, but barring

April 25, 2018 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch The Top Still Isn't In For Mortgage Rates Mortgage rates had another rough day as they continued moving up into new 4-year highs. Unlike the extremely mild and uneventful day-to-day changes seen for most of the past 2 months, rates are actually putting some distance between themselves and th... (read more) Housing News NAHB Say Home Buyers Looking, but Facing a Tough Market A new poll indicates that 17 percent of adults are ready and willing to purchase a home over the next year, and many will be first-time buyers . The information comes from a new research project inaugurated this week by the National Association of Ho... (read more) MBS Commentary MBS Live Day Ahead: Positive/Negative Potential Outcomes; Why This Time is Different It will come as no surprise that I feel the level of discussion about 10yr yields being at 3% is overdone at best, and misguided at worst.  Actually, it's clearly overdone, so let's talk about how it's misguided by taking a quick inventory of a ... (read more) Rob Chrisman Expense Control, Marketing Products; Digital Trends; Amazon's Blockchain Debut Amazon Web Services, the conglomerate’s cloud computing division, has announced AWS Blockchain Templates, which will compete with similar offerings from IBM and Oracle . “The Amazon product gives developers access to a choice of two prese... (read more) Housing News Mortgage Volume Flattens as Rates Rise The volume of mortgage applications received during the week ended April 20 was largely unchanged from the previous week . The Mortgage Bankers Association's (MBA) said its Market Composite Index, a measure of that volume, ticked down 0.2 percent on ... (read more) MBS Commentary MBS Live Recap: Selling Spree Continues The recent rate drama continues unabated.  Today was the  6th day of heavy selling in bond markets, bringing yields within striking distance of the 2014 highs near 3.041%.  As has been the case during this sell-off, there really hasn'... (read more) Mortgage Rates 30 Yr. Fixed Rate 7.02% +0.01% Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.02% +0.01 0.00 15 Yr. Fixed 6.37% 0.00 0.00 30 Yr. FHA 6.30% -0.02 0.00 30 Yr. Jumbo 7.20% 0.00 0.00 7/6 SOFR ARM 6.99% +0.04 0.00 30 Yr. VA 6.32% -0.02 0.00 Updates Daily - Last Update: 11/14 15 Yr. Fixed Rate 6.37% +0.00% Rate Change Points Freddie Mac 30 Yr. Fixed 6.78% -0.01 0.00 15 Yr. Fixed 5.99% -0.01 0.00 Updates Weekly - Last Update: 11/14 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.73% +0.21 0.69 15 Yr. Fixed 6.27% +0.29 0.77 30 Yr. Jumbo 6.77% +0.04 0.49 Updates Weekly - Last Update: 10/30 MBS / Treasuries UMBS 30YR 5.5 98.85 -0.07 Price / Yield Change MBS UMBS 5.5 98.85 -0.07 UMBS 6.0 100.51 -0.05 GNMA 5.5 99.48 -0.08 GNMA 6.0 100.64 -0.07 Pricing as of: 11/14 10:58PM EST 10 Year US Treasury 4.4552 +0.0164 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.001 5 YR Treasury 4.337 +0.011 7 YR Treasury 4.399 +0.012 10 YR Treasury 4.456 +0.017 30 YR Treasury 4.606 +0.023 Pricing as of: 11/14 10:58PM EST Latest Video How rising rates impact the economy Santelli Exchange: The next big resistance level in treasury rates Rotation to bond ETFs Around the Web CNBC LendingClub plunges after FTC charges the online lender of 'deceiving customers' Calculated Risk Blog NMHC: Apartment Market Tightness Index remained negative for Tenth Consecutive Quarter Calculated Risk Blog Update: A few comments on the Seasonal Pattern for House Prices PR Newswire Two-Thirds of Americans Say They Would Likely Move If It Wasn't Such a Hassle Calculated Risk Blog Philly Fed: State Coincident Indexes increased in 47 states in March CNBC Everyone's watching the 10-year yield, but this is the real rate that matters Calculated Risk Blog Chemical Activity Barometer "Eases" in April Reuters Stock futures slip as U.S. yield holds above 3 percent Bloomberg Can't Blame 3% Bond Yield for This Stock Rout CNBC It's clear the market is telling us there is a problem up ahead Calculated Risk Blog Real House Prices and Price-to-Rent Ratio in February Reuters Wall Street sunk by corporate cost warnings, bond nerves Reuters U.S. consumer confidence, housing data highlight economy's strength

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