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Mark Yecies
President, SunQuest Funding, LLC
President
SunQuest Funding, LLC
18958
20 Commerce Dr, suite 130 Cranford, NJ 07016
CONTACT ME
Contact Me
9082728330
myecies@sqf.net
www.sqf.net
myecies@sqf.net
www.sqf.net
CONTACT ME
Educational Series
What Causes Mortgage Rates to Change?
The 2 Components of Mortgage Rates: Upfront Cost and the Rate Itself
All About Locking Your Mortgage Rate
What are Mortgage-Backed Securities?
No, The Fed Hike Doesn't Mean Anything For Mortgage Rates
Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.89%
0.00
--
15 Yr. Fixed
6.33%
+0.01
--
30 Yr. FHA
6.33%
+0.01
--
30 Yr. Jumbo
7.05%
0.00
--
5/1 ARM
6.58%
0.00
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.00%
-0.03
0.60
15 Yr. Fixed
6.63%
+0.07
0.61
30 Yr. FHA
6.87%
-0.03
0.92
30 Yr. Jumbo
7.13%
+0.02
0.38
5/1 ARM
6.22%
-0.16
0.60
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.77%
-0.09
0.00
15 Yr. Fixed
6.05%
-0.11
0.00
Source: Freddie Mac
CONTACT ME
Market Data
MBS
Price
Change
UMBS 5.5
99.39
-0.01
UMBS 6.0
100.84
-0.02
GNMA 5.5
99.78
+0.00
GNMA 6.0
100.76
-0.03
US Treasuries
Yield
Change
2 YR
4.511
-0.007
5 YR
4.157
-0.009
10 YR
4.223
-0.015
30 YR
4.463
-0.009
Pricing as of:
7/22 8:56PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Jul 10
206.1
-0.19%
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%
Economic Calendar
Recent News
Very Calm Week For Rates, Despite Hitting New 6 Month Low
7/19/2024
Sharply Lower Inflation Brings Fed Rate Cuts Into Focus
7/12/2024
Economic Data Building a Case For Rate Cuts
7/5/2024
Slow Start for Rates Gives Way to Volatility With More to Come Next Week
6/28/2024
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