Current Mortgage Rates

Mortgage Rates For May 09, 2019

Blue Home

Today’s Mortgage Rates: Mortgage rates for May 09, 2019 are near their recent lows a day before the CPI report and a trade meeting between the United States and China. Both could have a significant impact on mortgage rates and the industry will be watching them closely. The CPI report will be released 8:30 am EST however the trade negotiations … Read more

Mortgage Rates For May 08, 2019

Family in front of home

Today’s Mortgage Rates: Mortgage rates for May 08, 2019 are somewhat stable as the chances of increased trade war tariffs is sparking a rally in the Treasury market. Unfortunately the Mortgage Backed Securities market has generally remained on the sideline as the 10y yield has moved lower. The good news is that mortgage rates remain near their recent lows for … Read more

Mortgage Rates For May 07, 2019

Older couple in front of home

Today’s Mortgage Rates: Mortgage rates for May 07, 2019 are near their recent lows as the Mortgage Backed Securities market starts the day in positive territory. Heading into yesterday there was news that the President was going to implement a new round of tariffs on China. The bond market initially rallied on the news (stocks sold-off sharply in early trading) … Read more

Mortgage Rates For May 6, 2019

Townhome

Today’s Mortgage Rates: Mortgage rates for May 06, 2019 will be slightly improved as trade tensions between China and the United States intensify. Since early April we’ve been hearing from the President and his team that the trade war with China was coming to an end and deal was nearly completed. We’ll that all changed yesterday. President Trump announced new … Read more

Mortgage Rates For May 03, 2019

Modern Brown Home

Today’s Mortgage Rates: Mortgage rates for May 03, 2019 will finish off the week at similar levels to where we started the week after a stronger than expected Employment report. Conforming, FHA and Jumbo fixed rate mortgages remain near their recent lows and a busy week that included important economic data reports and a Fed meeting.   Mortgage Backed Securities … Read more

Mortgage Rates May 2019

Home mortgage rates

May 2019 Mortgage Rates: After moving to near two year lows at the beginning of April, mortgage rates moved higher for most of the month. Heading into May we are focused on four key areas that may have an influence of mortgage rates. May 2019 mortgage rate watch: The Economy: When it some to mortgage rates its always the economy! … Read more

Mortgage Rates For May 02, 2019

Family in front of their home

Today’s Mortgage Rates: Mortgage rates for May 02, 2019 are in a holding patter a day before the Employment report. Sometimes the Employment report changes the direction of mortgage rates so generally speaking lenders are a bit conservative heading into the report. Mortgage Backed Securities and Treasury Snapshot: Mortgage Backed Security FNMA 4.0 started the day at 102.58, and FNMA … Read more