Current Mortgage Rates

Mortgage Rates December 18, 2018

30 year fixed rate mortgage 4.25%

The Bond Market Is Improving: Mortgage rates should start off the day at slightly improved levels as the 10y yield opens in positive territory (2.83% level) along with Mortgage Backed Securities. Lenders will continue to be conservative with their pricing until Wednesday afternoon. Stocks continue to sell off on worries of global economic slow down and oil is trading below … Read more

Mortgage Rates December 17th, 2018

Fixed Rate Mortgage

Opened Positive: Mortgage rates are starting off the week at similar levels seen on Friday, as the 10y yield opened the day at the 2.88% level and Mortgage Backed Securities (MBS) also opened in positive territory. For the most part lenders are waiting on the all important Fed decision on Wednesday which means lenders (and the bond market) will take … Read more

Mortgage Rates December 14, 2018

15 year fixed mortgage rate

Wait And See: The 10y yield opened today at the 2.88% level and Mortgage Backed Securities (MBS) also opened in positive territory as we head into the weekend. For most lenders mortgage rates will start the day at the same levels as yesterday. This morning we had the Retail Sales report which came in as expected (last months report was revised … Read more

Mortgage Rates December 13, 2018

Fixed Rate Mortgage

European Central Bank: The 10y yield opened today at the 2.90% level and Mortgage Backed Securities (MBS) opened in positive territory which means mortgage rates should start the day at similar levels seen yesterday afternoon. Today we have the Export and Import Prices reports and on Friday we have Retail Sales and a 30y Bond auction. Later this morning European Central … Read more

Mortgage Rates December 12, 2018

Fixed Rate Mortgage

Mortgage Backed Securities: The 10y yield opened today at the 2.89% level and Mortgage Backed Securities (MBS) also opened in negative territory. Mortgage rates will start the day at similar levels as yesterday however they are under pressure as the 10y yield moves towards 2.90%. If the pressure on mortgage rates continues we may see mortgage rates move higher later … Read more

Mortgage Rates December 11, 2018

Fixed Rate Mortgage

Slightly Negative At The Open: Mortgage rates for December 11th, 2018 – The 10y yield opened today at the 2.88% level and Mortgage Backed Securities (MBS) opened in negative territory. Mortgage rates will be similar to levels seen yesterday as we’re starting to see some stability enter the market (which is good for mortgage rates). Generally speaking; mortgage lenders prefer … Read more

Mortgage Rates December 10, 2018

Fixed Rate Mortgage

Mortgage Backed Securities: The 10y yield opened today at the 2.85% level and Mortgage Backed Securities (MBS) are set to open in slightly positive territory. The trade war between China and the United States is still front and center in the minds of investors along with the possibility of a slow down in the economy. Investors are also concerned about … Read more