Mortgage rates began the day in roughly unchanged territory. Some lenders were microscopically stronger or weaker compared to yesterday, but not enough to impact the average mortgage borrower. For the first few hours of the day, it looked as if rates would stay unchanged or possibly move slightly higher. That all changed when stocks began losing ground. It's always worth remembering (and this will be especially true when the next time it's proven) that there's no magic rule that says stock prices and interest rates must move in the same direction. It is true that there are frequent examples of such correlation, but there are plenty of other examples where the correlation complete breaks down. All that to say that stock losses helped rates today, but will not always necessarily help rates in

November 14, 2018 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Afternoon Mortgage Rate Improvements For Most Lenders Mortgage rates began the day in roughly unchanged territory. Some lenders were microscopically stronger or weaker compared to yesterday, but not enough to impact the average mortgage borrower. For the first few hours of the day, it looked as if rates... (read more) Housing News Millennials Could be Foregoing Equity Wealth While reams of research have been done on why members of the Millennial generation are less likely to own a home compared to their baby boomer and Gen X elders at the same age, the Urban Institute (UI) notes that knowing the reasons doesn't necessari... (read more) Housing News Mortgage Applications: Refis at Lowest Levels Since 2000 Mortgage application activity continued to shrink during the week ended November 9. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage application volume dropped by 3.2 percent on a seasonally adjusted basis when ... (read more) MBS Commentary MBS Live Day Ahead: CPI Gets First At-Bat, Then Back to Stocks Bonds are actively trying to decide who they are and what they want to do with their lives.  Will they be barometers of economic growth and inflation?  Or will they be gauges of Fed bond buying and US government bond selling (supply and dem... (read more) MBS Commentary MBS Live Recap: Best Levels in More Than a Week Ahead of CPI CPI (the Consumer Price Index) has been the most relevant economic report on the horizon since the balmy NFP report from 2 weeks back.  Reason being: NFP contained a strong wage growth component, and that always generates some fear among bond ... (read more) MBS Commentary MBS Live Recap: More Stock Losses Bring More Bond Bounces The narrative has grown (remained?) the same for bonds lately.  If stocks are losing ground, then it's time to rally .  If stocks are stabilizing or recovering, it's time to sell .  Today was more of the same in that regard. For th... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.67% +0.00% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.67% 0.00 0.00 15 Yr. Fixed 5.91% 0.00 0.00 30 Yr. FHA 6.19% -0.01 0.00 30 Yr. Jumbo 6.80% 0.00 0.00 7/6 SOFR ARM 6.29% -0.04 0.00 30 Yr. VA 6.20% -0.02 0.00 Updates Daily - Last Update: 7/1 15 Yr. Fixed Rate 5.91% +0.00% Rate Change Points Freddie Mac 30 Yr. Fixed 6.77% -0.04 0.00 15 Yr. Fixed 5.89% -0.07 0.00 Updates Weekly - Last Update: 6/26 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.88% +0.04 0.63 15 Yr. Fixed 6.11% -0.03 0.74 30 Yr. Jumbo 6.88% +0.07 0.60 Updates Weekly - Last Update: 6/25 MBS / Treasuries UMBS 30YR 5.5 99.92 0.00 Price / Yield Change MBS UMBS 5.5 99.91 -0.02 UMBS 6.0 101.58 -0.01 GNMA 5.5 100.07 +0.01 GNMA 6.0 101.43 +0.02 Pricing as of: 7/1 9:41PM EST 10 Year US Treasury 4.2431 +0.0039 Price / Yield Change US Treasury 2 YR Treasury 3.772 -0.004 5 YR Treasury 3.835 -0.004 7 YR Treasury 4.019 +0.006 10 YR Treasury 4.243 +0.004 30 YR Treasury 4.766 -0.002 Pricing as of: 7/1 9:41PM EST Latest Video Closing Bell Exchange: 'We are not panicking here' Pound plunges as UK prime minister said to cancel Brexit statement Ramit Sethi debunks 2 myths about renting vs. buying Around the Web Reuters Euro, pound rise as U.K. PM May gets backing on Brexit deal Reuters S&P 500 down for fifth day as financials fall builderonline.com Lennar Ups Investment in High-Tech Insurance Company builderonline.com Real Estate Disrupter in San Francisco Lays Off Staff NPR Houston Got Hammered By Hurricane Harvey And Its Buildings Are Partly To Blame Bloomberg Californians Expected to Rebuild Burnt Homes Despite Continued Fire Risk CNBC Cramer: Fed chief Powell needs to pause hikes next year he can't ask for a do-over consumerfinancemonitor.com Trade Groups Support Confirmation of Kraninger as CFPB Director CNBC Watch the Fed's Randal Quarles testify live before the House on the state of banking CNBC The Fed wants to loosen regulations even more for community banks Reuters Futures up after October consumer prices rise as expected CNBC UBS Chairman Weber: Central banks are keeping cautious faith in policy normalization CNBC Central banks should consider issuing digital money, IMF's Lagarde says

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.