Mortgage Rates Hit Another New Longer-Term Low

Fairly Resilient Despite Bumpy Auction The relevant morning econ data was limited to Jobless Claims. While the weekly and continuing numbers were both higher than expected, it wasn't a big enough miss to spark any sort of decisive rally in bonds. MBS lost ground heading into the PM hours and lost some more ground after a poorly received 30yr bond auction. But whereas the auction could have been used as a front for additional selling, bonds generally did a decent job of holding their ground in the last few hours of the day. Friday's calendar is empty. This doesn't mean we won't see any volatility--simply that it could not be driven by scheduled events. Econ Data / EventsJobless Claims226k vs 221k f'cast, 219k prev Continuing Claims1974k vs 1950k f'cast, 1936k prev Market Movement Recap08:31 AM ho-hum Jobless Claims.  No reaction.  10yr up 0.3bps at 4.231 MBS up 1 tick (.03) 11:55 AM Still flat.  MBS unchanged and 10yr unchanged at 4.227 01:06 PM weaker after 30yr auction.  MBS down 2 ticks (.06) and 10yr up 1.7bps at 4.245 02:55 PM avoiding sharper losses.  MBS down 3 ticks (.09) and 10yr up 1.5bps at 4.243

August 7, 2025 Download our Mobile App: Download our Mobile App: MBS Commentary Fairly Resilient Despite Bumpy Auction Fairly Resilient Despite Bumpy Auction The relevant morning econ data was limited to Jobless Claims. While the weekly and continuing numbers were both higher than expected, it wasn't a big enough miss to spar... (read more) Mortgage Rate Watch Mortgage Rates Hit Another New Longer-Term Low Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But today's budging happened to bring the average 30yr fixed rate to another 10-month low.  Lenders are in the mid 6% range for... (read more) Rob Chrisman Loan Delivery, Warehouse, Compliance Webinar, Workflow Tools; Correspondent News We’re back traveling and packing for the plethora of conferences. Packing and intellect sometimes collide: for the life of me, I can’t seem to grasp this simple video on the moves of how to fold a t-shirt in under two seconds. (It is worth waiting ou... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.55% -0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.55% -0.02 0.00 15 Yr. Fixed 5.92% -0.01 0.00 30 Yr. FHA 6.12% -0.05 0.00 30 Yr. Jumbo 6.70% -0.02 0.00 7/6 SOFR ARM 6.12% 0.00 0.00 30 Yr. VA 6.13% -0.05 0.00 Updates Daily - Last Update: 8/7 15 Yr. Fixed Rate 5.92% -0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.63% -0.09 0.00 15 Yr. Fixed 5.75% -0.10 0.00 Updates Weekly - Last Update: 8/7 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.77% -0.24 0.59 15 Yr. Fixed 6.03% -0.42 0.66 30 Yr. Jumbo 6.65% -0.52 0.59 Updates Weekly - Last Update: 8/6 MBS / Treasuries UMBS 30YR 5.5 100.20 -0.08 Price / Yield Change MBS UMBS 5.5 100.20 -0.08 UMBS 6.0 101.88 -0.04 GNMA 5.5 100.38 -0.04 GNMA 6.0 101.70 -0.06 Pricing as of: 8/7 5:31PM EST 10 Year US Treasury 4.2413 +0.0136 Price / Yield Change US Treasury 2 YR Treasury 3.721 +0.009 5 YR Treasury 3.782 +0.005 7 YR Treasury 3.982 0.000 10 YR Treasury 4.241 +0.014 30 YR Treasury 4.819 +0.017 Pricing as of: 8/7 5:31PM EST Latest Video Wholesale inventories up 0.3 vs. 0.2% estimated Minneapolis Fed Pres. Neel Kashkari: Two cuts this year 'still seem reasona... Bond yields hold steady following 10-year Treasury auction NY Fed: Total household debt increases by 1% in Q2 to $18.4 trillion Around the Web Calculated Risk Blog Weekly Initial Unemployment Claims Increase to 226,000 Eye on Housing Americas Housing Supply Crisis: Is the Suburban Frontier Closing? Stay-At-Home Macro Job growth has slowed sharply; the question is why CNBC Student loan borrowers face new challenges trying to get Public Service Loan Forgiveness Eye on Housing Multifamily Developer Confidence Increases in Second Quarter Calculated Risk MBA: Mortgage Applications Increase in Latest Weekly Survey CNBC What the end of Energy Star could mean for commercial real estate CNBC Treasury yields little changed as Trump's 'reciprocal' tariffs go into effect CNBC Bank of England cuts interest rates by a quarter point to 4% as balancing act continues Calculated Risk Blog Wholesale Used Car Prices Decreased in July; Up 3% Year-over-year CNBC 10-year Treasury yield ticks higher ahead of bond auctions Calculated Risk Blog Q2 NY Fed Report: Mortgage Originations by Credit Score, Foreclosures Decrease Calculated Risk Blog Asking Rents Mostly Unchanged Year-over-year

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