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Negative Reprice Risk at Highest Levels Today
  Mortgage Market ALERT
Oct 17, 2018 4:12 PM ET

There have been fleeting moments of modest negative reprice risk so far today, but we're now at the point where a few lenders are likely to be pulling the trigger.  Fannie 4.0 MBS are down nearly a quarter of a point from the highs and 10yr yields are up 2bps to session highs of 3.184%.

MBS / Treasury Market Data

UMBS 5.0
99.37
+0.02
UMBS 5.5
100.76
+0.02
2 YR
3.9165
+0.0020
10 YR
3.9068
+0.0029
Pricing as of: 9/1 7:34PM EST
This Mortgage Market Alert is provided in partnership with MBS Live and provided exclusively to MBS Live Subcribers.

Average Mortgage Rates

Rate Change Points
30 Yr. Fixed 6.43% +0.02 --
15 Yr. Fixed 5.95% 0.00 --
30 Yr. FHA 5.82% +0.02 --
30 Yr. Jumbo 6.62% 0.00 --
5/1 ARM 6.28% -0.01 --
Source: Mortgage News Daily
Rate Change Points
30 Yr. Fixed 6.44% -0.06 0.54
15 Yr. Fixed 5.88% -0.16 0.68
30 Yr. FHA 6.36% -0.06 0.85
30 Yr. Jumbo 6.75% +0.07 0.39
5/1 ARM 5.98% -0.27 0.65
Source: The Mortgage Bankers Association
Rate Change Points
30 Yr. Fixed 6.35% -0.51 0.00
15 Yr. Fixed 5.51% -0.65 0.00
Source: Freddie Mac
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Market Data

MBS Price Change
UMBS 5.0 99.37 +0.02
UMBS 5.5 100.76 +0.02
GNMA 5.0 99.93 +0.02
GNMA 5.5 100.71 -0.01
US Treasuries Yield Change
2 YR 3.917 +0.002
5 YR 3.704 +0.003
10 YR 3.907 +0.003
30 YR 4.196 +0.003
Pricing as of: 9/1 7:34PM EST

Recent Housing Data

Value Change
Mortgage Apps Aug 28 226.9 0.49%
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