All articles tagged with #mbs
Mortgage rates were little changed to begin the week, with a modest pull lower as the bond market firmed and oil prices fell; the average top-tier 30-year fixed rate dropped about 0.01%, leaving rates near levels seen before last week’s Fed hike.
Saudi Crown Prince Mohammed bin Salman urged President Trump to order strikes on the Houthis as they neared the Bab al-Mandab Strait, a critical Red Sea chokepoint, but Trump declined; the U.S. will provide intelligence and non-kinetic support while steering clear of direct intervention to protect shipping and oilflows.
President Macron will host Crown Prince Mohammed bin Salman in a two-day state visit in Paris, kicking off with the Esports World Cup final and continuing with talks on regional security and expanding economic ties. Discussions will cover energy routes bypassing the Strait of Hormuz, the Iran conflict, Gaza-Israel, and broader Gulf stability, with several health, transport, and energy agreements set to be signed, as Riyadh seeks diversified security partnerships highlighted by the Mecca pact with Turkey and Pakistan.
Mortgage rates retraced to three-week lows after July's CPI print came in line with expectations, with the bond market absorbing the data and leaving little surprise, while the 30-year fixed rate sits around 6.74% (down 0.05) as traders await further inflation signals.
Saudi Arabia urged de-escalation as President Trump weighs a sweeping Iran strike, warning of retaliation and seeking clarity, while regional mediators push to reopen the Strait of Hormuz and avert broader escalation.
Mortgage rates surged after the Fed’s announcement and its dot-plot showing higher end-2026 rates, sending bonds lower and prompting lenders to lift rates back toward June levels, with the 30-year fixed around 6.62% (up about 0.08) as markets priced in higher rates and Warsh’s press conference added to volatility.
Mortgage rates slid to one-week lows after news of a potential ceasefire and Trump cancelling planned air strikes, prompting many lenders to revise rates downward late in the day; the session began uneventfully but the move left the 30-year fixed around 6.60% as bond yields and MBS prices followed the broader rate decline.
Mortgage rates started the week near a nine-month high, with the top-tier 30-year fixed around 6.68% (vs. 6.65% Friday), after an initially unchanged session gave way to higher quotes as Iran-war headlines influenced bond markets and later headlines about possible negotiations provided some late-day balance.
Mortgage rates rose toward eight-month highs after a bond-market selloff tied to the Trump-Xi talks, with the top-tier 30-year fixed around 6.62% (6.65% on some rate displays). The move followed higher Treasury yields, though increased purchases of mortgage-backed securities by Fannie Mae and Freddie Mac provided some support to rates.
Mortgage rates spiked Monday on fears of escalating Iran tensions, but have since rebounded to last Friday’s levels as progress toward a peace agreement and falling oil prices pulled yields lower; the move mirrors broader declines in oil and bond markets, with the 30-year fixed rate hovering around 6.44% today.
Mortgage rates bounced lower over the weekend but remain elevated, with the 30-year fixed around 6.55% ( peaking near 6.64% intraday ), the highest since August 2025. The relief is short‑term and no clear long‑term turning point has emerged as the bond market stays influenced by inflation dynamics and geopolitical factors, including oil volatility from the Iran situation.
Mortgage rates jumped to a seven-month high, with the 30-year fixed at about 6.41% after a three-day rise driven by weakness in the bond market tied to inflation fears sparked by the Iran conflict, marking the sharpest 3-day move since early April 2025.
Mortgage rates rose to 6.35% today, the highest level since December 2025, as weakness in the bond market and renewed volatility around the 6.25% threshold propelled bigger moves; analysts note 6.25% acts as a volatile dead zone, with the move driven by broader geopolitical and macro concerns rather than a single news event.
Mortgage rates pulled back roughly halfway from two-week highs after stronger ADP payrolls and a robust ISM Services report, with the 30-year fixed around 6.13% as inflation signals cooled and traders waited for further clarity.
Mortgage rates hovered near multi-year lows, with the 30‑year fixed around 6.00% (5.99% the previous day) and the 15-year at 5.62% as rates held steady for a third straight day; MBS prices and Treasury yields showed little movement, signaling a cautious stance in a data-light session.