Today's Mortgage Rates
The Mortgage News Daily rate index is published daily (weekdays) around 4PM EST. Learn About Our Rate Survey
Updated weekdays at aprox 4PM EST.
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
increased slightly
today. This may result in minimal positive impact on mortgage rates today.
This tool provides an idea of the underlying trends
in MBS that may influence mortgage rates today.
It is not intended to forecast lender rate changes.
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Mortgage Rate Watch
(5/24) -
It was largely a dull week for financial markets in terms of scheduled data and volatility, but numerous Fed speeches helped reiterate what the market thought it already knew. Specifically, whereas there was widespread belief in several rate cuts in 2024, the market now only expects 1.
The fol... (continue reading)
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| Rate | Points | Change | |
|---|---|---|---|
|
5/24/24
Mortgage News Daily - daily
|
|||
| 30 Yr. Fixed | 7.16% | -- | -0.01% |
| 15 Yr. Fixed | 6.70% | -- | +0.00% |
| 30 Yr. Jumbo | 7.41% | -- | -0.01% |
| 7/6 SOFR ARM | 7.28% | -- | -0.01% |
| 30 Yr. FHA | 6.70% | -- | +0.00% |
| 30 Yr. VA | 6.72% | -- | -0.02% |
|
5/23/24
Freddie Mac - weekly
|
|||
| 30 Yr. Fixed | 6.94% | 0.00 | -0.08% |
| 15 Yr. Fixed | 6.24% | 0.00 | -0.04% |
|
5/15/24
MBA - weekly
|
|||
| 30 Yr. Fixed | 7.08% | 0.63 | -0.10% |
| 15 Yr. Fixed | 6.61% | 0.65 | +0.01% |
| 30 Yr. FHA | 6.89% | 0.94 | -0.03% |
| 30 Yr. Jumbo | 7.22% | 0.58 | -0.09% |
| 7/6 SOFR ARM | 6.56% | 0.66 | -0.04% |
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
increased slightly
today. This may result in minimal positive impact on mortgage rates today.
| Change | 52 Week Range | |||||||
|---|---|---|---|---|---|---|---|---|
| Rate | Points | Previous | 1 Year | Low | High | |||
|
as of 5/24/24
Mortgage News Daily - updated daily
|
||||||||
| 30 Yr. Fixed | 7.16% | -- | -0.01% | +0.13% | 6.61% |
|
8.03% |
|
| 15 Yr. Fixed | 6.70% | -- | +0.00% | +0.39% | 5.95% |
|
7.35% |
|
| 30 Yr. Jumbo | 7.41% | -- | -0.01% | +0.80% | 6.61% |
|
8.09% |
|
| 7/6 SOFR ARM | 7.28% | -- | -0.01% | +0.39% | 6.11% |
|
7.55% |
|
| 30 Yr. FHA | 6.70% | -- | +0.00% | +0.05% | 6.00% |
|
7.44% |
|
| 30 Yr. VA | 6.72% | -- | -0.02% | +0.08% | 6.02% |
|
7.46% |
|
|
as of 5/23/24
Freddie Mac - updated weekly
|
||||||||
| 30 Yr. Fixed | 6.94% | 0.00 | -0.08% | +0.55% | 6.57% |
|
7.79% |
|
| 15 Yr. Fixed | 6.24% | 0.00 | -0.04% | +0.49% | 5.76% |
|
7.03% |
|
|
as of 5/15/24
Mortgage Bankers Association - updated weekly
|
||||||||
| 30 Yr. Fixed | 7.08% | 0.63 | -0.10% | +0.60% | 6.57% |
|
7.90% |
|
| 15 Yr. Fixed | 6.61% | 0.65 | +0.01% | +0.70% | 5.96% |
|
7.14% |
|
| 30 Yr. FHA | 6.89% | 0.94 | -0.03% | +0.48% | 6.39% |
|
7.57% |
|
| 30 Yr. Jumbo | 7.22% | 0.58 | -0.09% | +0.89% | 6.46% |
|
7.80% |
|
| 7/6 SOFR ARM | 6.56% | 0.66 | -0.04% | +1.21% | 5.39% |
|
6.99% |
|
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