Vice Capital Markets releases daily mortgage rate benchmark

4 articles · Updated · HousingWire · May 7

The online tracker offers daily data, custom charts and history back to 2008, using Fannie Mae and Freddie Mac mortgage-backed security prices for 30-year fixed-rate loans.
Vice Capital said the Par Note Rate shows the note rate at which a loan can be sold at par into the agency market while retaining servicing.
The firm said the benchmark complements borrower-offer and lock-based measures and is being opened after decades of internal use as volatility, Fed uncertainty and weak loan volumes squeeze margins.

How will a new secondary market benchmark reshape mortgage pricing amid ongoing market volatility?

Amid housing reforms and AI, can a new rate benchmark truly fix market transparency?