Mortgage Rates Weekly Update [May 20 2019]

We are now offering fully branded, Automated Weekly newsletters delivered. offered to registered users. Mortgage rates moved up today, but at a fairly tame pace in the bigger picture. The rest of.

Effective on February 4, 2019, the Federal Reserve Board has changed the methodology used to construct the trade-weighted dollar indexes in the H.10, G.5, and G.5A releases. These changes, designed to improve the alignment of the currency weights with current U.S. trade patterns, include revisions to the calculation of the weighting scheme and country composition.

The average fico score for closed mortgages (all types) increased to 728 in April, the highest it’s been in at least 16 months, according to Ellie Mae’s Origination Insight Report. In addition, the average time to close a mortgage decreased to 40 days, the lowest its been in at least 16 months.

Weekly, monthly and annual rates are averages of business days unless otherwise noted. Description of the Treasury Nominal and Inflation-Indexed Constant Maturity Series Yields on Treasury nominal securities at "constant maturity" are interpolated by the U.S. Treasury from the daily yield curve for non-inflation-indexed Treasury securities.

Mortgage Rates Weekly Update for May 20, 2019. Mortgage Rates Update for May 20, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates.

the largest weekly gain since November 2008. “mortgage rates reached their lowest level since May of 2013, and refinance application volume soared,” said Mike Fratantoni, MBA’s chief economist, in a.

Dashed hopes for an imminent resolution to the U.S.China trade dispute appeared to be the primary factor in the market’s drop. Stock futures fell sharply after President Donald Trump tweeted on Sunday, May 5, that the tariff rate on Chinese imports would go up to 25% at the end of the week.

WEEKLY RATE – Rates Rise, Most Expect the FED to Raise Rates In June or July. May 2016. Interest rates started off last week with some tough sledding but since then have improved some. The Mortgage Backed security (mbs) market closed the week trading down -53 bps.

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