Market Wrap-up

Our benchmark FNMA MBS 5.500 May Coupon is currently up +25 BPS at 3:17 PM ET.

There were no domestic releases today.

Key markets believe the Iran conflict is coming to an end. Crude oil down, bonds up, stocks rallying, gold improving. Trump’s comments fueling the idea, Iran not yet agreeing.

Iran saying the Strait is open, Trump saying Iran has agreed to turn over its enriched uranium. None of what Trump said today was a finalized deal, although the optimism is high around the word if based on global markets. Trump remarked the US blockade of the Strait will continue, Iran saying if so, the Strait will be closed.

The cease fire agreement expires next Wednesday, will there be a deal of consequence over the weekend as markets believe? It was only a few weeks ago that markets were “sure” about a deal to end the conflict only to get slapped in the face with the DJIA declining over 1,000 points.

This a time when opinions and remarks from Trump are taken literally and his comments are at times over-exaggerated and change by the minute. It’s a moment that normal economic data doesn’t play much of a part, for us we can only go on what Trump says at the moment and how markets react, there is little else moving markets now.

Keep in touch with your favorite national news shows for up to the minute “breaking” news.

This Week: 10 year note -7 bps, 2 year note -10 bp; mortgage prices +32 bps. The DJIA +1,532, NASDAQ +1,567, S&P +309. Gold +$94.00, crude oil -$11.75. Dollar index -0.51, Bitcoin +4.346.

PRICES @ 4:00 PM

10 year note: 4.25% -7 bp

5 year note: 3.84% -8 bp

2 year note: 3.71% -7 bp

30 year bond: 4.88% -5 bp

30 year FNMA 5.5: 101.10 +12 bp (-3 bp from 9:30)

30 year FNMA 6.0: 102.34 +5 bp (-5 bp from 9:30)

30 year GNMA 5.5: 101.03 +14 bp (+3 bp from 9:30)

Dollar/Yen: 158.54 -0.62 yen

Dollar/Euro: $1.1771 -$0.0012

Dollar Index: 98.16 -0.05

Gold: $4,882.00 +$73.20

Bitcoin: 77,388 +2017

Crude Oil: $84.38 -$10.13

DJIA: 49,447.92 +869.20

NASDAQ: 24,468.48 +365.78

S&P 500: 7126.04 +84.76

SOFR Data 04/17: 30-DAY AVERAGE(%): 3.64081, 90-DAY AVERAGE(%): 3.66880, 180-DAY AVERAGE(%): 3.81159, INDEX: 1.23985831

Poland

Name, not sorted	Value, not sorted	Change, not sorted	% Change, not sorted	1 Month, not sorted	1 Year, not sorted	Time (EDT), not sorted
WIG20:IND WIG 20	3,700.60	51.10	1.40%	10.14	39.99%	11:15 AM
WIG:IND WSE WIG INDEX	135,197.19	1,890.50	1.42%	9.39	42.07%	11:15 AM
WIG30:IND WIG30	4,691.10	74.07	1.60%	10.35	38.18%	11:15 AM

WALUTY

Currency, not sorted	Value, not sorted	Change, not sorted	Net Change, not sorted	Time (EDT), not sorted
EUR-USD	1.1765	0.00	0.14%	4:59 PM
USD-JPY	158.6400	0.53	0.33%	4:59 PM
GBP-USD	1.3516	0.00	0.08%	4:59 PM
AUD-USD	0.7174	0.00	0.18%	4:59 PM
USD-CAD	1.3692	0.00	0.09%	4:59 PM
USD-CHF	0.7817	0.00	0.27%	4:59 PM

USD-MXN

17.3118

0.05

0.31%

4:59 PM

USD-CZK	20.6366	0.01	0.05%	4:59 PM
USD-SKK	25.6071	0.04	0.14%	4:59 PM
USD-PLN	3.5940	0.00	0.12%	4:59 PM
USD-HUF	307.3000	2.56	0.83%	4:59 PM
USD-RUB	76.0235	0.34	0.44%	4:12 PM

POŻYCZKI HIPOTECZNE

ELITE 21-30 YEAR				ELITE 16-20 YEAR
RATE	15 DAY	30 DAY	45 DAY	RATE	15 DAY	30 DAY	45 DAY
7.125	-2.889	-2.799	-2.669	7.125	-3.053	-2.963	-2.833
6.999	-2.604	-2.514	-2.384	6.999	-2.696	-2.606	-2.476
6.875	-2.080	-1.990	-1.860	6.875	-2.236	-2.146	-2.016
6.750	-1.509	-1.419	-1.289	6.750	-1.698	-1.608	-1.478
6.625	-2.129	-2.039	-1.909	6.625	-2.149	-2.059	-1.929
6.500	-1.782	-1.692	-1.562	6.500	-1.858	-1.768	-1.638
6.375	-1.187	-1.097	-0.967	6.375	-1.327	-1.237	-1.107
6.250	-0.537	-0.447	-0.317	6.250	-0.757	-0.667	-0.537
6.125	-1.027	-0.937	-0.807	6.125	-1.154	-1.064	-0.934
5.999	-0.603	-0.513	-0.383	5.999	-0.753	-0.663	-0.533
5.875	0.061	0.151	0.281	5.875	-0.220	-0.130	0.000
5.750	0.832	0.922	1.052	5.750	0.369	0.459	0.589
5.625	0.638	0.728	0.858	5.625	0.491	0.581	0.711
5.500	1.180	1.270	1.400	5.500	0.940	1.030	1.160
5.375	1.986	2.076	2.206	5.375	1.568	1.658	1.788
5.250	2.830	2.920	3.050	5.250	2.202	2.292	2.422
5.125	2.652	2.742	2.872	5.125	2.565	2.655	2.785
5.000	3.302	3.392	3.522	5.000	3.017	3.107	3.237
4.875	4.187	4.277	4.407	4.875	3.697	3.787	3.917

ELITE 11-15 YEAR				ELITE 8-10 YEAR
RATE	15 DAY	30 DAY	45 DAY	RATE	15 DAY	30 DAY	45 DAY
6.500	-2.810	-2.720	-2.590	6.500	-2.863	-2.773	-2.643
6.375	-2.549	-2.459	-2.329	6.375	-2.658	-2.568	-2.438
6.250	-2.053	-1.963	-1.833	6.250	-2.162	-2.072	-1.942
6.125	-1.881	-1.791	-1.661	6.125	-2.107	-2.017	-1.887
6.000	-1.631	-1.541	-1.411	6.000	-1.919	-1.829	-1.699
5.875	-1.342	-1.252	-1.122	5.875	-1.690	-1.600	-1.470
5.750	-0.840	-0.750	-0.620	5.750	-1.188	-1.098	-0.968
5.625	-0.803	-0.713	-0.583	5.625	-1.251	-1.161	-1.031
5.500	-0.520	-0.430	-0.300	5.500	-1.036	-0.946	-0.816
5.375	-0.176	-0.086	0.044	5.375	-0.763	-0.673	-0.543
5.250	0.358	0.448	0.578	5.250	-0.230	-0.140	-0.010
5.125	0.685	0.775	0.905	5.125	0.155	0.245	0.375
5.000	1.047	1.137	1.267	5.000	0.436	0.526	0.656
4.875	1.428	1.518	1.648	4.875	0.734	0.824	0.954
4.750	1.974	2.064	2.194	4.750	1.280	1.370	1.500
4.625	1.931	2.021	2.151	4.625	1.414	1.504	1.634
4.500	2.322	2.412	2.542	4.500	1.716	1.806	1.936
4.375	2.733	2.823	2.953	4.375	2.040	2.130	2.260
4.250	3.310	3.400	3.530	4.250	2.616	2.706	2.836

Home price changes for Chicago-Naperville-Schaumburg, IL

Metro Area	Last quarter	2 qtrs ago	1 year ago	3 yrs ago	5 yrs ago	Custom Period	See Mortgage Rates
Chicago-Naperville-Schaumburg, IL	0.74%	1.92%	6.50%	22.66%	47.93%	Tracking Tool

POŻYCZKI, OBLIGACJE – (ŚREDNIE KRAJOWE)

30 Yr. Fixed

6.29% -0.03%

5.99%

7.08%

15 Yr. Fixed

5.91% -0.05%

5.55%

6.39%

30 Yr. Jumbo

6.52% -0.02%

6.1%

7.15%

Compare Mortgage Rates from Local Lenders for Apr 17, 2026

Lowest Rates in Over a Month Despite Small Move Today

Fri, Apr 17, 2026 4:06PM

Today was a victory for mortgage rates, but not nearly as much of a victory as the underlying bond market would suggest. The good news is that the end result is the lowest average 30yr fixed rate in just over a month. The other news isn’t bad, per se, but it is a bit confusing. As we often discuss, mortgage rates are based on bonds because mortgages “turn into” bonds in order to be traded on the secondary market. You don’t need to understand that process in detail to accept that it’s true. Case in point, here’s a chart* that overlays our average 30yr fixed rate and the most… (read more)

Mortgage News Daily	Rate	Change	Points
30 Yr. Fixed	6.29%	-0.03	0.00
15 Yr. Fixed	5.91%	-0.05	0.00
30 Yr. FHA	5.88%	0.00	0.00
30 Yr. Jumbo	6.52%	-0.02	0.00
7/6 SOFR ARM	5.91%	-0.07	0.00
30 Yr. VA	5.89%	0.00	0.00
Updates Daily – Last Update: 4/17

Freddie Mac	Rate	Change	Points
30 Yr. Fixed	6.30%	-0.07	0.00
15 Yr. Fixed	5.65%	-0.09	0.00
Updates Weekly – Last Update: 4/16

Mortgage Bankers Assoc.
30 Yr. Fixed	6.51%	-0.06	0.61
15 Yr. Fixed	5.90%	+0.01	0.74
30 Yr. Jumbo	6.54%	-0.05	0.35
Updates Weekly – Last Update: 4/8

UMBS 30YR 5.0

99.53 +0.33

95.71

100.50

UMBS 30YR 5.5

101.11 +0.19

98.11

101.64

10 YR Treasury

4.248 -0.069

3.948

4.590

Why Are Bonds Surging This Morning?

Fri, Apr 17, 2026 9:20AM

Bonds were modestly and inconsequentially stronger in the overnight session. By 8am, this brought 10yr yields just under 4.30%. Less than an hour later, yields fell to 4.23 and MBS rose over 3/8ths of a point on a trio of headlines. The first was a detail from a proposed plan to end the war (involving unfreezing Iranian assets in exchange for Uranium)…. (read more)

MBS	Price	Change
UMBS 4.5	97.50	+0.47
UMBS 5.0	99.53	+0.33
UMBS 5.5	101.11	+0.19
GNMA 4.5	97.64	+0.35
GNMA 5.0	99.85	+0.04
GNMA 5.5	101.02	-0.03
Pricing as of: 4/17 4:31PM EST

US Treasury	Yield	Change
2 YR Treasury	3.702	-0.075
5 YR Treasury	3.841	-0.080
7 YR Treasury	4.031	-0.075
10 YR Treasury	4.248	-0.069
30 YR Treasury	4.886	-0.047
Pricing as of: 4/17 4:31PM EST