Brought to you by marketnewsletters.com
CONTACT ME
Bonds Slightly Weaker, Awaiting Political Developements
  Mortgage Market Update
Mar 23, 2017 9:10 AM ET

The bond market is slightly weaker this morning ahead of today's data which includes jobless claims and New Home Sales.  Both are lower tiered reports and will likely have little to no impact on today's trading.  Market participants are awaiting the drama in DC over today's Healthcare Reform vote.

Currently, the benchmark 10 year note is trading at 2.41 while the 3.5 FNMA coupon is holding in the green at 102-04.

MBS / Treasury Market Data

UMBS 5.5
97.45
+0.10
UMBS 6.0
99.44
+0.07
UMBS 6.5
101.06
+0.00
2 YR
4.9798
-0.0146
10 YR
4.6275
-0.0370
Pricing as of: 4/29 3:39PM EST
This Mortgage Market Update is provided in partnership with MBS Live and provided exclusively to MBS Live Subcribers.

Average Mortgage Rates

Rate Change Points
30 Yr. Fixed 7.43% -0.02 --
15 Yr. Fixed 6.85% -0.01 --
30 Yr. FHA 6.92% -0.03 --
30 Yr. Jumbo 7.63% -0.01 --
5/1 ARM 7.50% 0.00 --
Source: Mortgage News Daily
Rate Change Points
30 Yr. Fixed 7.24% +0.11 0.66
15 Yr. Fixed 6.75% +0.11 0.64
30 Yr. FHA 7.01% +0.11 0.94
30 Yr. Jumbo 7.45% +0.05 0.56
5/1 ARM 6.64% +0.12 0.87
Source: The Mortgage Bankers Association
Rate Change Points
30 Yr. Fixed 7.17% -0.27 0.00
15 Yr. Fixed 6.44% -0.32 0.00
Source: Freddie Mac
CONTACT ME

Market Data

MBS Price Change
UMBS 5.5 97.45 +0.10
UMBS 6.0 99.44 +0.07
UMBS 6.5 101.06 +0.00
GNMA 5.5 98.46 +0.22
GNMA 6.0 100.52 +0.17
GNMA 6.5 101.43 +0.11
US Treasuries Yield Change
2 YR 4.980 -0.015
5 YR 4.654 -0.036
10 YR 4.628 -0.037
30 YR 4.749 -0.025
Pricing as of: 4/29 3:39PM EST

Recent Housing Data

Value Change
Mortgage Apps Apr 24 196.7 -2.67%
Building Permits Mar 1 1.46M -3.95%
Housing Starts Mar 1 1.32M -13.15%
New Home Sales Mar 1 693K 4.68%
Pending Home Sales Feb 1 75.6 1.75%
Existing Home Sales Feb 1 3.97M -0.75%
Builder Confidence Mar 1 51 6.25%

Recent News