Weekly Newsletter: VA Loan Churning Concerns; Rates Highest Since July; Tax Law HELOC Impact; Digital Reality Check for Builders

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30 Year Fixed
4.15% +0.01
15 Year Fixed
3.48% +0.02
10YR Treasury
2.55% +0.0131
FNMA 30YR 3.5
101.94 -0.09
FNMA 15YR 2.5
101.45 -0.05
View Today’s Rates
Friday January 12, 2018
MND NewsWire – 1/11
Growing Concerns Over VA Loan Churning
A Ginnie Mae official told Congress this week that his agency has growing concerns over the incidence of “loan churning” in the VA mortgage program. Michel R. Bright, Ginnie Mae’s Executive …
Mortgage Rate Watch – 1/10
Mortgage Rates Remain at 6-Month Highs Despite Late Day Bounce
Mortgage rates were much higher this morning, bringing them to new 6-month highs (a dubious distinction also accomplished yesterday). Unlike yesterday, there were good and bad moments …
MND NewsWire – 1/8
Black Knight: Tax Law Could Impact HELOC Borrowing
Black Knight’s Mortgage Monitor for November notes that the equation for tapping the growing pool of homeowner equity could shift because of the new rules governing the mortgage interest …
MND NewsWire – 1/10
A Dose of Digital Reality for Builders?
They may be a little late to the game, but John McManus, publisher of BuilderOnLine.com , is betting home builders are about to get a dose of digital reality . McManus, reporting from …

Latest Video


Benefits of tax cuts could be reduced by higher rates

Home equity hits record high

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More News from ‘Around the Web’

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Today’s Rates

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Rate Change
Current Mortgage Rates »
What are best-execution rates?
30 Yr FRM 4.15% +0.01
15 Yr FRM 3.48% +0.02
FHA 30 Year Fixed 3.80% +0.05
Jumbo 30 Year Fixed 4.30% +0.01
5/1 Yr ARM 3.22% +0.01

Average Mortgage Rates

Rate Points Change
FHFA * hdr_arrow.png
15 Yr. Fixed 3.45% 1.22 -0.02
30 Yr. Fixed 4.14% 1.32 -0.01
MBA ** hdr_arrow.png
30 Yr. Fixed 4.06% 0.38 -0.05
15 Yr. Fixed 3.34% 0.38 -0.02
30 Yr. Jumbo 3.96% 0.20 -0.04
30 Yr. FHA 3.98% 0.35 -0.04
5/1 ARM 3.14% 0.31 -0.12
Freddie Mac ** hdr_arrow.png
Current Mortgage Rates »
* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.
30 Yr. Fixed 3.99% 0.50 +0.04
15 Yr. Fixed 3.44% 0.50 +0.06
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 3.46% 0.40 +0.01

Secondary Markets

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Price Change
30YR FNMA 3.0 99.19 -0.11
30YR FNMA 3.5 101.94 -0.09
30YR GNMA 3.0 100.44 0.00
30YR GNMA 3.5 102.98 +0.02
15YR FNMA 3.0 101.45 -0.05
15YR FNMA 2.5 99.39 -0.05
Treasuries hdr_arrow.png
Yield Change
Current MBS / Treasury Prices »
MBS and Treasury data provided by Thomson Reuters.
Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.
Secondary Marketing Managers:
If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information
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2 YR 2.0017% +0.0211
5 YR 2.3465% +0.0223
10 YR 2.5498% +0.0131
30 YR 2.8523% -0.0150
Prices as of: 1/12/2018 5:06PM EST

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This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
© 2018 Brown House Media, Inc. All rights reserved.
Brown House Media Inc. – 19706 One Norman Blvd – Cornelius, NC 28031
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